Topics
Housing and constructionPrices and consumption

Building costs rose by 7.5 % in March 2022 year-on-year

Statistics:
Reference period:
2022, March
Published:
Next release:
Publication type:
release

According to Statistics Finland, building costs rose by 7.5 % in March 2022 from one year back. In one year, the prices of steel structures, timber structures, frame structures and roofing materials have increased most. The price of timber products, which increased heavily during last year, is slowly falling, as the price of timber structures has declined in March by 1.3 % from one month ago. The prices of steel structures have grown by 2.3 % in one month and by 34 % in one year.

Key points

  • Building costs rose by 7.5 % year-on-year.
  • The costs of materials rose by 12.1 % from one year ago.
  • Labour costs rose by 3.3 % from one year ago.
  • The prices of services remained on level with March 2021.
  • The total index went up by 0.2 % from the month before.

Figures

See key statistical data in the figures.
14.04.2022

Index clause sub-indices P 2000=100, March 2022

Database tables

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Background information

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Liina Arhosalo
Senior Statistician
029 551 3612
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