Published: 9 April 2009
Total index of building costs on level with the year before
In March 2009 building costs were on level with March 2008. Labour costs in construction went up by 4.6 per cent. Prices of materials went down by 1.5 per cent and those of other inputs went down by 4.0 per cent year-on-year. This is indicated by the building cost index of Statistics Finland.
From February to March the total index of building costs went up by 0.4 per cent. The prices for labour rose by 3.0 procent. The prices of materials went down by 0.7 procent and the prices of those for other inputs by 1.1 per cent.
Building Cost Index (2005 = 100) and its year-on-year and month-on-month changes
Index | March 2009 |
Change % 3/2008 - 3/2009 |
Change % 2/2009 - 3/2009 |
|
Building trade newbuilding | ||||
Total index | 113.8 | 0.0 | 0.4 | |
Labour | 114.9 | 4.6 | 3.0 | |
Materials | 114.1 | -1.5 | -0.7 | |
Other inputs | 110.4 | -4.0 | -1.1 | |
By type of building | ||||
Newbuilding | ||||
Blocks of flats | 114.0 | -0.5 | 0.6 | |
Detached residential houses | 113.8 | -0.6 | 0.9 | |
Office and commercial buildings | 113.2 | 0.2 | 0.3 | |
Industrial and warehouse buildings | 114.3 | 0.8 | 0.2 | |
Agricultural production buildings | 115.8 | -4.6 | 0.2 |
Source: Building cost index 2009, March. Statistics Finland
Inquiries: Ms Sinikka Kanerva +358 9 1734 2231, rakennus.suhdanne@stat.fi
Director in charge: Ms Hannele Orjala
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Last updated 9.4.2009
Official Statistics of Finland (OSF):
Building cost index [e-publication].
ISSN=1799-5841. March 2009. Helsinki: Statistics Finland [referred: 23.12.2024].
Access method: http://www.stat.fi/til/rki/2009/03/rki_2009_03_2009-04-09_tie_001_en.html