Published: 12 October 2010
Building costs rose by 2.0 per cent in September
Building costs were 2.0 per cent higher in September 2010 than in September 2009. Labour costs in construction rose by 0.2 per cent and prices of materials by 3.6 per cent in the year. Those of other inputs were nearly the same as in September 2009. This is indicated by the Building Cost Index of Statistics Finland.
Building Cost Index (2005=100) and its year-on-year and month-on-month changes
Index | September 2010 |
Change % 9/2009 - 9/2010 |
Change % 8/2010 - 9/2010 |
|
Building trade newbuilding | ||||
Total index | 114.8 | 2.0 | 0.1 | |
Labour | 113.9 | 0.2 | 0.2 | |
Materials | 117.3 | 3.6 | 0.1 | |
Other inputs | 108.1 | 0.0 | 0.1 | |
By type of building | ||||
Newbuilding | ||||
Blocks of flats | 116.2 | 2.9 | 0.3 | |
Detached residential houses | 114.6 | 2.0 | 0.1 | |
Office and commercial buildings | 114.3 | 1.8 | 0.1 | |
Industrial and warehouse buildings | 114.7 | 1.8 | 0.1 | |
Agricultural production buildings | 119.5 | 4.0 | 0.3 |
From August to September, the total index of building costs rose by 0.1 per cent. The prices for labour rose by 0.2 per cent, the prices of materials and the prices for those of other inputs rose by 0.1 per cent .
Source: Building cost index 2010, September. 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 12.10.2010
Official Statistics of Finland (OSF):
Building cost index [e-publication].
ISSN=1799-5841. September 2010. Helsinki: Statistics Finland [referred: 23.12.2024].
Access method: http://www.stat.fi/til/rki/2010/09/rki_2010_09_2010-10-12_tie_001_en.html