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

Latest publication: Building cost index 2020, February

Published: 13 October 2017

Building costs rose by 0.1 per cent in September year-on-year

According to Statistics Finland, building costs rose by 0.1 per cent in September 2017 compared with the previous year's September. The prices of materials went up by one per cent and those of services by 0.6 per cent from September 2016. At the same time, the prices of labour inputs fell by 1.1 per cent. The fall in the prices of labour inputs is explained by lower employer’s social security costs compared with 2016.

Long term development of the Building Cost Index

Long term development of the Building Cost Index

From August to September, the total index of building costs remained almost unchanged. The prices of materials and services fell by 0.1 per cent each. The prices of labour inputs remained unchanged from the previous month.

Building cost index 2015=100, September 2017

Professional construction of new buildings Weights Index Monthly change, % Annual change, %
Total index   1000 100.8 -0.0 0.1
By type of cost Labour inputs 400 99.8 0.0 -1.1
Materials 510 101.7 -0.1 1.0
Services 90 99.9 -0.1 0.6
By purpose of use Residential building 440 100.8 -0.1 0.1
Other building construction 560 100.8 -0.0 0.1

Source: Building cost index. Statistics Finland

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

Director in charge: Sami Saarikivi

Publication in pdf-format (285.8 kB)


Tables in databases

Appendix tables


Updated 13.10.2017

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. September 2017. Helsinki: Statistics Finland [referred: 1.4.2020].
Access method: http://www.stat.fi/til/rki/2017/09/rki_2017_09_2017-10-13_tie_001_en.html