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

Latest publication: Building cost index 2019, September

Published: 15 September 2016

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

According to Statistics Finland, building costs rose by 0.6 per cent in August 2016 compared with the previous year's August. The prices of labour inputs in construction went up by 1.2 per cent and the prices of materials by 0.3 per cent. The prices of services fell by 0.2 per cent from one year ago.

Long term development of the Building Cost Index

Long term development of the Building Cost Index

From July to August, the total index of building costs remained nearly unchanged. The prices of labour inputs fell by 0.2 per cent. The prices of materials went up by 0.3 per cent and those of services remained on level with the previous month.

Building cost index 2015=100, August 2016

Professional construction of new buildings Weights Index Monthly change, % Annual change, %
Total index   1000 100,5 0,0 0,6
By type of cost Labour inputs 400 100,8 -0,2 1,2
Materials 510 100,5 0,3 0,3
Services 90 99,4 0,0 -0,2
By purpose of use Residential building 440 100,5 0,1 0,6
Other building construction 560 100,5 0,0 0,7

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 15.09.2016

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. August 2016. Helsinki: Statistics Finland [referred: 16.11.2019].
Access method: http://www.stat.fi/til/rki/2016/08/rki_2016_08_2016-09-15_tie_001_en.html