Home > Statistics > Building cost index > 2016 > September > Building costs rose by 0.8 per cent in September year-on-year

Published: 14 October 2016

Building costs rose by 0.8 per cent in September year-on-year

According to Statistics Finland, building costs rose by 0.8 per cent in September 2016 compared with the previous year's September. The prices of labour inputs in construction went up by 1.1 per cent and the prices of materials by 0.7 per cent. The prices of services fell by 0.2 per cent from one year ago.

Long term development of the Building Cost Index

From August to September, the total index of building costs grew by 0.1 per cent. The prices of labour inputs remained unchanged from the previous month. The prices of materials went up by 0.2 per cent and those of services decreased by 0.1 per cent from the month before.

Building cost index 2015=100, September 2016

Professional construction of new buildings		Weights	Index	Monthly change, %	Annual change, %
Total index		1000	100,6	0,1	0,8
By type of cost	Labour inputs	400	100,9	0,0	1,1
	Materials	510	100,7	0,2	0,7
	Services	90	99,3	-0,1	-0,2
By purpose of use	Residential building	440	100,6	0,1	0,8
	Other building construction	560	100,6	0,1	0,8

Source: Building cost index. Statistics Finland

Inquiries: Atro Andersson 029 551 3544, 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, September 2016 (14.10.2016)
• Appendix table 2. Residential building 2015=100, September 2016 (14.10.2016)

Figures

• Appendix figure 1. Input indices 2015=100, largest annual changes, per cent (14.10.2016)
• Appendix figure 2. Index clause sub-indices P 2000=100 (14.10.2016)

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Updated 14.10.2016