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

Latest publication: Building cost index 2019, September

Published: 11 March 2011

Building costs rose by 2.8 per cent in February

Building costs were 2.8 per cent higher in February 2011 than in February 2010. Labour costs in construction rose by 0.4 per cent and prices of materials by 4.1 per cent in the year. Those of other inputs rose by 3.3 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 February
2011
Change %
2/2010 - 2/2011
Change %
1/2011 - 2/2011
Building trade newbuilding      
Total index 116.2 2.8 0.3
    Labour 115.0 0.4 0.0
    Materials 118.4 4.1 0.3
    Other inputs 111.3 3.3 0.8
       
By type of building      
Newbuilding      
    Blocks of flats 117.6 3.5 0.4
    Detached residential houses 115.9 2.8 0.3
    Office and commercial buildings 115.9 2.7 0.2
    Industrial and warehouse buildings 116.0 2.6 0.2
    Agricultural production buildings 121.8 6.0 1.1

From January to February, the total index rose by 0.3 per cent. The prices for labour were the same than in January. The prices of materials rose by 0.3 per cent and the prices for those of other inputs by 0.8 per cent.

The Building Cost Index will be released with the new base year 2010, 12.4.2011.

Source: Building cost index 2011, February. Statistics Finland

Inquiries: Mr Mika Sirviö +358 9 1734 2723, rakennus.suhdanne@stat.fi

Director in charge: Ms Hannele Orjala

Tables

Tables in databases


Last updated 11.3.2011

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. February 2011. Helsinki: Statistics Finland [referred: 18.11.2019].
Access method: http://www.stat.fi/til/rki/2011/02/rki_2011_02_2011-03-11_tie_001_en.html