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Building costs rose by 1.3 per cent in November year-on-year

Release related to topics:Housing and constructionPrices and consumption
release | Building cost index 2023, November

According to Statistics Finland, building costs rose by 1.3 per cent in November 2023 from one year back. Among materials, the biggest increases in the year were recorded in heat insulation (6.6%). Costs decreased most in the year in precast concrete units (-13.2%) and timber structures (-12.1%).

Key selections

  • Building costs rose by 1.3 per cent from one year ago.
  • The costs of materials decreased by -1.4 per cent from one year back.
  • The prices of labour increased by 5.6 per cent from one year ago.
  • The total index went down by -0.2 per cent from the month before.

Figures

See key statistical data in the figures.

Index clause sub-indices P 2000=100, 2000M01-2023M11

Tables

See key statistical data in the tables.

Building Cost Index 2021=100, November 2023

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

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

Database tables

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Updated database tables
118p
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13ft
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13g8
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13fx
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  • Index
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13g5
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11np
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11nr
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11ns
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11nu
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11nw
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11ny
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11p5
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  • Transfer price coefficient
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11p3
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Future releases

Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

Official Statistics of Finland (OSF): Building cost index [online publication].
Reference period: 2023, November. ISSN=1799-5841. Helsinki: Statistics Finland [Referenced: 20.11.2024].
Access method:

Statistical experts

Inquiries primarily

Service email
info@stat.fi
Aaro Laakkonen
Senior Statistician
029 551 3868

Other experts

Martti Korhonen
Senior Statistician
029 551 3451

Head of Department in charge

Hannele Orjala
Head of Department in charge
029 551 3582