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Housing and constructionPrices and consumption

Building costs rose by 8.3 per cent in July year-on-year

release | Building cost index 2022, July

According to Statistics Finland, building costs rose by 8.3 per cent in July 2022 from one year back. Among materials, the biggest increases in the year were recorded in steel structures (34.8%) and concrete elements (20.6%). The costs of timber structures fell on the annual level (-3.0%).

Key selections

  • Building costs rose by 8.3 per cent year-on-year.
  • The costs of materials rose by 12.8 per cent from one year back.
  • Labour costs went up by 3.4 per cent from one year back.
  • The prices of services increased by 2.5 per cent from one year ago.
  • The total index went up by 0.2 per cent from the month before.

Figures

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Index clause sub-indices P, July 2022

Tables

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Building Cost Index 2021=100, July 2022

Building Cost Index 2021=100 by purpose of use, July 2022

Building Cost Index 2021=100 by input heading, July 2022

Database tables

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Updated database tables
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Liina Arhosalo
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029 551 3612
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