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

Latest publication: Building cost index 2019, January

Published: 15 October 2018

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

According to Statistics Finland, building costs rose by 2.8 per cent in September 2018 compared with the previous year's September. The prices of materials went up by 3.5 per cent, those of services by 2.4 per cent and those of labour inputs by two per cent compared with September 2017.

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 grew by 0.1 per cent. The prices of materials went up by 0.3 per cent and those of services by 0.1 per cent from the month before. The prices of labour inputs remained unchanged from the previous month.

Building cost index 2015=100, September 2018

Professional construction of new buildings Weights Index Monthly change, % Annual change, %
Total index   1000 103.6 0.1 2.8
By type of cost Labour inputs 400 101.8 0.0 2.0
Materials 510 105.2 0.3 3.5
Services 90 102.3 0.1 2.4
By purpose of use Residential building 440 103.9 0.2 3.2
Other building construction 560 103.3 0.1 2.5

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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Updated 15.10.2018

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. September 2018. Helsinki: Statistics Finland [referred: 22.2.2019].
Access method: http://www.stat.fi/til/rki/2018/09/rki_2018_09_2018-10-15_tie_001_en.html