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

Latest publication: Building cost index 2019, October

Published: 14 June 2019

Building costs rose by 1.2 per cent in May year-on-year

According to Statistics Finland, building costs rose by 1.2 per cent in May 2019 compared with the previous year's May. The prices of materials rose by 1.4 per cent. The prices of labour inputs and services rose by 0.9 per cent compared to May 2018.

Long term development of the Building Cost Index

Long term development of the Building Cost Index

From April to May, the total index of building costs remained on level with the previous month. The prices of materials rose slightly by 0.1 per cent. The prices of labour inputs and services remained on level with April.

Building cost index 2015=100, May 2019

Professional construction of new buildings Weights Index Monthly change, % Annual change, %
Total index   1000 103.9 0.0 1.2
By type of cost Labour inputs 400 102.3 0.0 0.9
Materials 510 105.4 0.1 1.4
Services 90 102.6 0.0 0.9
By purpose of use Residential building 440 104.2 0.0 1.1
Other building construction 560 103.7 0.1 1.2

Source: Building cost index, Statistics Finland

Inquiries: Liina Arhosalo 029 551 3612, Merja Järvinen 029 551 2458, rakennus.indeksit@stat.fi

Director in charge: Mari Ylä-Jarkko

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Updated 14.06.2019

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. May 2019. Helsinki: Statistics Finland [referred: 19.11.2019].
Access method: http://www.stat.fi/til/rki/2019/05/rki_2019_05_2019-06-14_tie_001_en.html