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

Latest publication: Building cost index 2019, October

Published: 13 May 2016

Building costs rose by 0.3 per cent in April year-on-year

According to Statistics Finland, building costs rose by 0.3 per cent in April 2016 compared with the previous year's April. The prices of labour inputs in construction went up by 0.9 per cent and the prices of services by 0.2 per cent. The prices of materials fell by 0.1 per cent from one year ago.

Long term development of the Building Cost Index

Long term development of the Building Cost Index

From March to April, the total index of building costs rose by 0.1 per cent. The prices of labour inputs fell by 0.4 per cent. The prices of materials went up by 0.4 per cent and those of services by 1.5 per cent from the month before.

Building cost index 2015=100, April 2016

Professional construction of new buildings Weights Index Monthly change, % Annual change, %
Total index   1000 100,3 0,1 0,3
By type of cost Labour inputs 400 100,9 -0,4 0,9
Materials 510 99,8 0,4 -0,1
Services 90 100,0 1,5 0,2
By purpose of use Residential building 440 100,2 0,1 0,3
Other building construction 560 100,3 0,2 0,3

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

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Updated 13.05.2016

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. April 2016. Helsinki: Statistics Finland [referred: 21.11.2019].
Access method: http://www.stat.fi/til/rki/2016/04/rki_2016_04_2016-05-13_tie_001_en.html