Cost index of civil engineering works: Database tables and publications corrected
Date of correction:Releases:
- cost index of civil engineering works 2025, March, 24.4.2025
- cost index of civil engineering works 2025, April, 23.5.2025
Corrected database table, identifier and name
Description of the correction
The input heading of own machinery in the cost index of civil engineering works includes costs for the enterprise’s own machinery, equipment and transport equipment. The costs also include consumables and wear parts. The costs have been calculated according to the principles of machinery cost calculation by dividing the acquisition price of the machine over its lifetime and by calculating interest and financing costs for debt capital.
The average interest rate of new business loans published by the Bank of Finland is used for interest rate monitoring. The average interest rate used to produce the cost index of civil engineering works for March was erroneous. As a result of the correction, the annual change in the total index for March 2025 was revised upwards by 0.4 percentage points (was -0.1%). The correction has an effect on the following cost factors of the total index: own machinery, interests and insurances. The correction also had an effect on the monthly changes in April 2025.