Published: 15 February 2017
Building costs rose by 0,5 per cent in January year-on-year
According to Statistics Finland, building costs rose by 0.5 per cent in January 2017 from one year back. The prices of materials went up by 1.2 per cent and the prices of services by 1.1 per cent. The prices of labour inputs in construction, in turn, fell by 0.4 per compared with January of the previous year.
Long term development of the Building Cost Index
From December to January, the total index of building costs fell by 0.4 per cent. The prices of labour inputs went down by 1.3 per cent and the prices of services by 0.1 per cent. At the same time, the prices of materials rose by 0.2 per cent.
Building cost index 2015=100, January 2017
|Professional construction of new buildings||Weights||Index||Monthly change, %||Annual change, %|
|By type of cost||Labour inputs||400||100,5||-1,3||-0,4|
|By purpose of use||Residential building||440||100,5||-0,4||0,5|
|Other building construction||560||100,5||-0,5||0,6|
Source: Building cost index. Statistics Finland
Inquiries: Atro Andersson 029 551 3544, Merja Järvinen 029 551 2458, firstname.lastname@example.org
Director in charge: Mari Ylä-Jarkko
Publication in pdf-format (271.7 kB)
Tables in databases
Official Statistics of Finland (OSF):
Building cost index [e-publication].
ISSN=1799-5841. January 2017. Helsinki: Statistics Finland [referred: 23.2.2017].
Access method: http://www.stat.fi/til/rki/2017/01/rki_2017_01_2017-02-15_tie_001_en.html