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

Latest publication: Building cost index 2019, September

Published: 15 June 2016

Building costs rose by 0.6 per cent year-on-year in May

According to Statistics Finland, building costs rose by 0.6 per cent in May 2016 compared with the previous year's May. The prices of labour inputs in construction went up by 1.6 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 April to May, the total index of building costs rose by 0.1 per cent. The prices of labour inputs went up by 0.2 per cent and the prices of materials by 0.1 per cent. The prices of services remained unchanged.

Building cost index 2015=100, May 2016

Professional construction of new buildings Weights Index Monthly change, % Annual change, %
Total index   1000 100,4 0,1 0,6
By type of cost Labour inputs 400 101,1 0,2 1,6
Materials 510 99,9 0,1 -0,1
Services 90 100,0 -0,0 0,2
By purpose of use Residential building 440 100,4 0,1 0,6
Other building construction 560 100,4 0,2 0,6

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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Appendix tables

Figures

Updated 15.06.2016

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. May 2016. Helsinki: Statistics Finland [referred: 12.11.2019].
Access method: http://www.stat.fi/til/rki/2016/05/rki_2016_05_2016-06-15_tie_001_en.html