Home > Statistics > Building cost index > 2018 > April > Building costs rose by 1.7 per cent in April year-on-year

Published: 15 May 2018

Building costs rose by 1.7 per cent in April year-on-year

According to Statistics Finland, building costs rose by 1.7 per cent in April 2018 compared with the previous year's April. The prices of materials went up by 2.6 per cent, those of services by 1.6 per cent and those of labour inputs by 0.6 per cent compared with April 2017.

Long term development of the Building Cost Index

From March to April, the total index of building costs remained unchanged. The prices of materials rose by 0.3 per cent in a month. The prices of labour inputs went down by 0.3 per cent and those of services by 0.1 per cent.

Building cost index 2015=100, April 2018

Professional construction of new buildings		Weights	Index	Monthly change, %	Annual change, %
Total index		1000	102.1	0.0	1.7
By type of cost	Labour inputs	400	100.7	-0.3	0.6
	Materials	510	103.3	0.3	2.6
	Services	90	101.6	-0.1	1.6
By purpose of use	Residential building	440	102.3	0.1	2.0
	Other building construction	560	102.0	-0.0	1.4

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, April 2018 (15.5.2018)
• Appendix table 2. Residential building 2015=100, April 2018 (15.5.2018)

Figures

• Appendix figure 1. Input indices 2015=100, largest annual changes, per cent (15.5.2018)
• Appendix figure 2. Index clause sub-indices P 2000=100 (15.5.2018)

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Updated 15.05.2018