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

Latest publication: Building cost index 2019, September

Published: 15 February 2018

Building costs rose by 1.4 per cent in January year-on-year

According to Statistics Finland, building costs rose by 1.4 per cent in January 2018 from one year back. The prices of materials went up by 2.1 per cent, those of labour inputs by 0.4 per cent and those of services by 2.1 per cent compared with January 2017.

Long term development of the Building Cost Index

Long term development of the Building Cost Index

From December to January, the total index of building costs rose by 0.3 per cent. The prices of materials went up in the month by 0.1 per cent, prices of labour inputs by 0.4 per cent, and those of services by 0.6 per cent.

Building cost index 2015=100, January 2018

Professional construction of new buildings Weights Index Monthly change, % Annual change, %
Total index   1000 101.9 0.3 1.4
By type of cost Labour inputs 400 101.0 0.4 0.4
Materials 510 102.7 0.1 2.1
Services 90 101.7 0.6 2.1
By purpose of use Residential building 440 102.0 0.2 1.6
Other building construction 560 101.8 0.3 1.3

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

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Tables

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Updated 15.02.2018

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. January 2018. Helsinki: Statistics Finland [referred: 14.11.2019].
Access method: http://www.stat.fi/til/rki/2018/01/rki_2018_01_2018-02-15_tie_001_en.html