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

Latest publication: Building cost index 2019, March

Published: 15 August 2018

Building costs rose by 2.8 per cent in July year-on-year

According to Statistics Finland, building costs rose by 2.8 per cent in July 2018 compared with the previous year's July. The prices of materials went up by 3.2 per cent, those of services by 2.2 per cent and those of labour inputs by 2.5 per cent compared with July 2017.

Long term development of the Building Cost Index

Long term development of the Building Cost Index

From June to July, the total index of building costs rose by 0.2 per cent. The prices of materials went up by 0.3 per cent in a month and the prices of services by 0.6 per cent. The prices of labour inputs remained unchanged from the previous month.

Building cost index 2015=100, July 2018

Professional construction of new buildings Weights Index Monthly change, % Annual change, %
Total index   1000 103.6 0.2 2.8
By type of cost Labour inputs 400 102.5 0.0 2.5
Materials 510 104.7 0.3 3.2
Services 90 102.2 0.6 2.2
By purpose of use Residential building 440 104.0 0.3 3.2
Other building construction 560 103.3 0.2 2.6

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

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Tables

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Appendix tables

Figures

Updated 15.8.2018

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. July 2018. Helsinki: Statistics Finland [referred: 22.4.2019].
Access method: http://www.stat.fi/til/rki/2018/07/rki_2018_07_2018-08-15_tie_001_en.html