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

Latest publication: Building cost index 2019, September

Published: 15 April 2016

Building costs decreased slightly in March year-on-year

According to Statistics Finland, building costs decreased by 0.1 per cent in March 2016 from one year ago. The prices of labour inputs in construction increased by 1.1 per cent. The prices of materials went down by 0.7 per cent and the prices of services by 2.1 per cent year-on-year.

Long term development of the Building Cost Index

Long term development of the Building Cost Index

In March, the total index of building costs remained on the same level as in February. The prices of labour inputs went up by 0.3 per cent and the prices of materials went down by 0.2 per cent. The prices of services grew by 0.1 per cent from the previous month.

Building cost index 2015=100, March 2016

Professional construction of new buildings Weights Index Monthly change, % Annual change, %
Total index   1000 100,1 0,0 -0,1
By type of cost Labour inputs 400 101,3 0,3 1,1
Materials 510 99,5 -0,2 -0,7
Services 90 98,5 0,1 -2,1
By purpose of use Residential building 440 100,1 0,0 -0,1
Other building construction 560 100,1 0,0 -0,1

Source: Building cost index. Statistics Finland

Inquiries: Jose Lahtinen 029 551 3776, Merja Järvinen 029 551 2458, rakennus.indeksit@stat.fi

Director in charge: Mari Ylä-Jarkko

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Tables

Tables in databases

Appendix tables

Figures

Updated 15.04.2016

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. March 2016. Helsinki: Statistics Finland [referred: 12.11.2019].
Access method: http://www.stat.fi/til/rki/2016/03/rki_2016_03_2016-04-15_tie_001_en.html