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Housing and constructionPrices and consumption

Building costs rose by 6.2 per cent in January year-on-year

release | Building cost index 2023, January

Correction

Figures of the building cost index for January to May 2023 were corrected
Read more about the correction

According to Statistics Finland, building costs rose by 6.2 per cent in January 2023 from one year back. Among materials, the biggest increases in the year were recorded in heat insulation ,18.6 %. Heat, water and sewer materials increased 13.9 %. The costs of timber structures fell 6.7 % from the previous year.

Key selections

  • The costs of materials rose by 8.9 per cent from one year back.
  • The prices of services increased by 6.1 per cent from one year ago.
  • The total index went up by 0.7 per cent from the month before.

Figures

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Index clause sub-indices P 2000=100, 2000M01-2023M01

Tables

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Building Cost Index 2021=100, January 2023

Building Cost Index 2021=100 by purpose of use, January 2023

Building Cost Index 2021=100 by input heading, January 2023

Database tables

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Updated database tables
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