Published: 12 July 2010
Building costs rose by 1.1 per cent in June
Building costs were 1.1 per cent higher in June 2010 than in June 2009. Labour costs in construction rose by 0.1 per cent and prices of materials by 2.7 per cent in the year. Those of other inputs fell by 2.2 per cent. This is indicated by the Building Cost Index of Statistics Finland.
From May to June, the total index of building costs rose by 0.3 per cent. The prices of materials rose by 0.6 per cent. The prices for labour and those of other inputs were the same as in June 2009.
Building Cost Index (2005 = 100) and its year-on-year and month-on-month changes
Index | June 2010 |
Change % 6/2009 - 6/2010 |
Change % 5/2010 - 6/2010 |
|
Building trade newbuilding | ||||
Total index | 114.1 | 1.1 | 0.3 | |
Labour | 113.5 | 0.1 | 0.0 | |
Materials | 116.4 | 2.7 | 0.6 | |
Other inputs | 107.6 | -2.2 | 0.0 | |
By type of building | ||||
Newbuilding | ||||
Blocks of flats | 115.2 | 2.0 | 0.4 | |
Detached residential houses | 113.9 | 1.0 | 0.4 | |
Office and commercial buildings | 113.6 | 0.9 | 0.2 | |
Industrial and warehouse buildings | 114.1 | 1.0 | 0.3 | |
Agricultural production buildings | 118.4 | 3.1 | 1.1 |
Source: Building cost index 2010, June. 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 12.7.2010
Official Statistics of Finland (OSF):
Building cost index [e-publication].
ISSN=1799-5841. June 2010. Helsinki: Statistics Finland [referred: 18.8.2024].
Access method: http://www.stat.fi/til/rki/2010/06/rki_2010_06_2010-07-12_tie_001_en.html