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

Latest publication: Building cost index 2019, October

Published: 10 December 2010

Building costs rose by 2.3 per cent in November

Building costs were 2.3 per cent higher in November 2010 than in November 2009. Labour costs in construction rose by 0.5 per cent and prices of materials by 3.8 per cent in the year. Those of other inputs rose by 1.1 per cent. This is indicated by the Building Cost Index of Statistics Finland.

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

Index November
2010
Change %
11/2009 - 11/2010
Change %
10/2010 - 11/2010
Building trade newbuilding      
Total index 115.1 2.3 0.0
    Labour 114.3 0.5 0.0
    Materials 117.5 3.8 -0.2
    Other inputs 109.0 1.1 0.6
       
By type of building      
Newbuilding      
    Blocks of flats 116.5 3.1 0.0
    Detached residential houses 115.1 2.4 -0.1
    Office and commercial buildings 114.6 2.1 0.0
    Industrial and warehouse buildings 115.1 2.1 0.0
    Agricultural production buildings 120.2 4.6 0.1

From October to November, the total index was nearly the same than in October. The prices for labour were also nearly the same. The prices of materials fell by 0.2 per cent. By contrast the prices for those of other inputs rose by 0.6 per cent.

Source: Building cost index 2010, November. 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 10.12.2010

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. November 2010. Helsinki: Statistics Finland [referred: 18.11.2019].
Access method: http://www.stat.fi/til/rki/2010/11/rki_2010_11_2010-12-10_tie_001_en.html