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

Latest publication: Building cost index 2019, October

Published: 11 June 2010

Building costs rose by 0.6 per cent in May

Building costs were 0.6 per cent higher in May 2010 than in May 2009. Labour costs in construction were the same than in May 2009. Prices of materials rose by 1.7 per cent in the year. Those of other inputs fell by 2.2 per cent. This is indicated by the Building Cost Index of Statistics Finland.

From April to May, the total index of building costs rose by 0.2 per cent. The prices of materials rose by 0.7 per cent. The prices for labour were 0.5 per cent lower than in May and those of other inputs 0.3 per cent lower.

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

Index May
2010
Change %
5/2009 - 5/2010
Change %
4/2010 - 5/2010
Building trade newbuilding      
Total index 113.7 0.6 0.2
    Labour 113.5 0.0 -0.5
    Materials 115.7 1.7 0.7
    Other inputs 107.6 -2.2 -0.3
       
By type of building      
Newbuilding      
    Blocks of flats 114.8 1.5 0.4
    Detached residential houses 113.5 0.4 0.3
    Office and commercial buildings 113.4 0.6 0.1
    Industrial and warehouse buildings 113.7 0.1 0.0
    Agricultural production buildings 117.1 1.6 0.4

Source: Building cost index 2010, May. 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 11.6.2010

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. May 2010. Helsinki: Statistics Finland [referred: 12.12.2019].
Access method: http://www.stat.fi/til/rki/2010/05/rki_2010_05_2010-06-11_tie_001_en.html