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Published: 12 May 2010

Building costs rose by 0.2 per cent in April

Building costs were 0.2 per cent higher in April 2010 than in April 2009. Labour costs in construction rose by 0.3 per cent and prices of materials by 0.8 per cent in the year. Those of other inputs fell by 2.3 per cent. This is indicated by the Building Cost Index of Statistics Finland.

From March to April, the total index of building costs rose by 0.3 per cent. The prices of materials rose by 0.6 per cent and those of other inputs by 0.2 per cent. By contrast, the prices for labour were 0.3 per cent lower than in March.

Building Cost Index (2005 = 100) and its year-on-year and month-on-month changes

Index April
2010
Change %
4/2009 - 4/2010
Change %
3/2010 - 4/2010
Building trade newbuilding      
Total index 113.5 0.2 0.3
    Labour 114.2 0.3 -0.3
    Materials 114.9 0.8 0.6
    Other inputs 107.9 -2.3 0.2
       
By type of building      
Newbuilding      
    Blocks of flats 114.3 0.6 0.3
    Detached residential houses 113.1 -0.4 0.2
    Office and commercial buildings 113.3 0.5 0.2
    Industrial and warehouse buildings 113.7 -0.1 0.4
    Agricultural production buildings 116.6 0.9 1.0

Source: Building cost index 2010, April. 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 12.5.2010

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. April 2010. Helsinki: Statistics Finland [referred: 16.11.2024].
Access method: http://www.stat.fi/til/rki/2010/04/rki_2010_04_2010-05-12_tie_001_en.html