A more recent publication of this set of statistics is available.

Latest publication: Building cost index 2019, September

Published: 12 January 2010

Building costs fell by 1.0 per cent in December

Building costs were 1.0 per cent lower in December 2009 than in December 2008. Labour costs in construction rose by 2.9 per cent in the year. By contrast, prices of materials fell by 2.0 per cent and those of other inputs by 5.5 per cent. This is indicated by the Building Cost Index of Statistics Finland.

From November to December, the total index of building costs remained unchanged. Also the prices for labour and the prices of materials remained unchanged. By contrast those of other inputs fell by 0.1 per cent from November.

Building Cost Index (2005 = 100) and its year-on-year and month-on-month changes

Index December
2009
Change %
12/2008 - 12/2009
Change %
11/2009 - 12/2009
Building trade newbuilding      
Total index 112.5 -1.0 0.0
    Labour 113.8 2.9 0.0
    Materials 113.3 -2.0 0.0
    Other inputs 107.7 -5.5 -0.1
       
By type of building      
Newbuilding      
    Blocks of flats 113.0 -0.8 0.0
    Detached residential houses 112.4 -0.7 0.0
    Office and commercial buildings 112.3 -0.9 0.1
    Industrial and warehouse buildings 112.6 -1.5 -0.1
    Agricultural production buildings 114.7 -2.2 -0.2

Source: Building cost index 2009, December. Statistics Finland

Inquiries: Ms Sinikka Kanerva +358 9 1734 2231, rakennus.suhdanne@stat.fi

Director in charge: Ms Hannele Orjala

Tables

Tables in databases


Last updated 12.1.2010

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. December 2009. Helsinki: Statistics Finland [referred: 12.11.2019].
Access method: http://www.stat.fi/til/rki/2009/12/rki_2009_12_2010-01-12_tie_001_en.html