Home > Statistics > Building cost index > 2017 > September > Building costs rose by 0.1 per cent in September year-on-year

Published: 13 October 2017

Building costs rose by 0.1 per cent in September year-on-year

According to Statistics Finland, building costs rose by 0.1 per cent in September 2017 compared with the previous year's September. The prices of materials went up by one per cent and those of services by 0.6 per cent from September 2016. At the same time, the prices of labour inputs fell by 1.1 per cent. The fall in the prices of labour inputs is explained by lower employer’s social security costs compared with 2016.

Long term development of the Building Cost Index

From August to September, the total index of building costs remained almost unchanged. The prices of materials and services fell by 0.1 per cent each. The prices of labour inputs remained unchanged from the previous month.

Building cost index 2015=100, September 2017

Professional construction of new buildings		Weights	Index	Monthly change, %	Annual change, %
Total index		1000	100.8	-0.0	0.1
By type of cost	Labour inputs	400	99.8	0.0	-1.1
	Materials	510	101.7	-0.1	1.0
	Services	90	99.9	-0.1	0.6
By purpose of use	Residential building	440	100.8	-0.1	0.1
	Other building construction	560	100.8	-0.0	0.1

Source: Building cost index. Statistics Finland

Inquiries: Atro Andersson 029 551 3544, Merja Järvinen 029 551 2458, rakennus.indeksit@stat.fi

Director in charge: Sami Saarikivi

Publication in pdf-format (285.8 kB)

Tables

Tables in databases

Pick the data you need into tables, view the data as graphs, or download the data for your use.

• Database tables and their variables
• Archived tables

Appendix tables

• Appendix table 1. Input indices 2015=100, September 2017 (13.10.2017)
• Appendix table 2. Residential building 2015=100, September 2017 (13.10.2017)

Figures

• Appendix figure 1. Input indices 2015=100, largest annual changes, per cent (13.10.2017)
• Appendix figure 2. Index clause sub-indices P 2000=100 (13.10.2017)

---

Updated 13.10.2017