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

Latest publication: Building cost index 2017, May

Published: 15 May 2017

Building costs rose by 0.2 per cent in April year-on-year

According to Statistics Finland, building costs rose by 0.2 per cent in April 2017 compared with the previous year's April. The prices of materials went up by 0.9 per cent and those of services remained on level with the previous year. The prices of labour inputs in construction, in turn, fell by 0.8 per cent compared with April of the previous year. The fall in the prices of labour inputs is explained by lower social security costs compared with 2016.

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 remained on level with the previous month. The prices of materials went up by 0.2 per cent and the prices of services by 0.4 per cent. The prices of labour inputs fell by 0.3 per cent from the previous month.

Building cost index 2015=100, April 2017

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

Source: Building cost index. Statistics Finland

Inquiries: Atro Andersson 029 551 3544, Merja Järvinen 029 551 2458, rakennus.indeksit@stat.fi

Director in charge: Mari Ylä-Jarkko

Publication in pdf-format (274.7 kB)

Tables

Tables in databases

Appendix tables

Figures

Updated 15.05.2017

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. April 2017. Helsinki: Statistics Finland [referred: 23.6.2017].
Access method: http://www.stat.fi/til/rki/2017/04/rki_2017_04_2017-05-15_tie_001_en.html

Share