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

Latest publication: Building cost index 2019, January

Published: 15 November 2018

Building costs rose by 2.5 per cent in October year-on-year

According to Statistics Finland, building costs rose by 2.5 per cent in October 2018 from one year back. The prices of materials went up by 3.1 per cent, those of labour inputs by 2.2 per cent and those of services by 0.9 per cent compared with October 2017.

Long term development of the Building Cost Index

Long term development of the Building Cost Index

From September to October, the total index of building costs rose by 0.2 per cent. The prices of labour inputs increased by 1.0 per cent. The prices of materials and services fell by 0.3 per cent from the previous month.

Building cost index 2015=100, October 2018

Professional construction of new buildings Weights Index Monthly change, % Annual change, %
Total index   1000 103.8 0.2 2.5
By type of cost Labour inputs 400 102.8 1.0 2.2
Materials 510 105.0 -0.3 3.1
Services 90 101.9 -0.3 0.9
By purpose of use Residential building 440 104.2 0.2 2.9
Other building construction 560 103.5 0.2 2.3

Source: Building cost index. Statistics Finland

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

Director in charge: Mari Ylä-Jarkko

Publication in pdf-format (284.8 kB)

Tables

Tables in databases

Appendix tables

Figures

Updated 15.11.2018

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. October 2018. Helsinki: Statistics Finland [referred: 18.2.2019].
Access method: http://www.stat.fi/til/rki/2018/10/rki_2018_10_2018-11-15_tie_001_en.html