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Housing and constructionPrices and consumption

Building costs rose by 2.1 per cent in August year-on-year

release | Building cost index 2023, August

According to Statistics Finland, building costs rose by 2.1 per cent in August 2023 from one year back. Among materials, the biggest increases in the year were recorded in heat insulation (11.1%) and house equipment (7.7%). Costs decreased most in the year in timber structures (-17.3%) and precast concrete units (-10.3%).

Key selections

  • Building costs rose by 2.1 per cent from one year ago.
  • The costs of materials decreased by -0.4 per cent from one year back.
  • The prices of services increased by 3.1 per cent from one year ago.
  • The total index went up by 0.1 per cent from the month before.

Figures

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Index clause sub-indices P 2000=100, 2000M01-2023M08

Tables

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Building Cost Index 2021=100, August 2023

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

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

Database tables

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Updated database tables
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