Home > Statistics > Building cost index > 2016 > June > Building costs rose by 0.7 per cent in June year-on-year

Published: 15 July 2016

Building costs rose by 0.7 per cent in June year-on-year

According to Statistics Finland, building costs rose by 0.7 per cent in June 2016 compared with the previous year's June. Prices of labour inputs in construction went up by 1.3 per cent, prices of material inputs by 0.3 per cent, and those of services by 0.2 per cent from one year back.

Long term development of the Building Cost Index

From May to June, the total index of building costs increased by 0.1 per cent. The prices of labour inputs fell by 0.1 per cent. The prices of material inputs went up by 0.4 per cent and those of services remained unchanged from the month before.

Building cost index 2015=100, June 2016

Professional construction of new buildings		Weights	Index	Monthly change, %	Annual change, %
Total index		1000	100,5	0,1	0,7
By type of cost	Labour inputs	400	101,0	-0,1	1,3
	Materials	510	100,3	0,4	0,3
	Services	90	100,0	0,0	0,2
By purpose of use	Residential building	440	100,5	0,2	0,7
	Other building construction	560	100,6	0,1	0,8

Source: Building cost index. Statistics Finland

Inquiries: Jose Lahtinen 029 551 3776, Merja Järvinen 029 551 2458, rakennus.indeksit@stat.fi

Director in charge: Mari Ylä-Jarkko

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Appendix tables

• Appendix table 1. Input indices 2015=100, June 2016 (15.7.2016)
• Appendix table 2. Residential building 2015=100, June 2016 (15.7.2016)

Figures

• Appendix figure 1. Input indices 2015=100, largest annual changes, per cent (15.7.2016)
• Appendix figure 2. Index clause sub-indices P 2000=100 (15.7.2016)

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Updated 15.07.2016