Published: 15 April 2019
Building costs rose by 1.8 per cent in March year-on-year
According to Statistics Finland, building costs rose by 1.8 per cent in March 2019 from one year back. The prices of materials went up by 2.3 per cent, those of labour inputs by 1.4 per cent and those of services by 0.8 per cent compared with March 2018.
Long term development of the Building Cost Index
From February to March, the total index of building costs remained on level with the previous month. The prices of materials fell by 0.1 per cent. The prices of labour inputs and services remained unchanged compared to the previous month.
Building cost index 2015=100, March 2019
Professional construction of new buildings | Weights | Index | Monthly change, % | Annual change, % | |
Total index | 1000 | 103.9 | -0.0 | 1.8 | |
By type of cost | Labour inputs | 400 | 102.4 | 0.0 | 1.4 |
Materials | 510 | 105.4 | -0.1 | 2.3 | |
Services | 90 | 102.5 | 0.0 | 0.8 | |
By purpose of use | Residential building | 440 | 104.2 | -0.1 | 2.0 |
Other building construction | 560 | 103.7 | 0.0 | 1.7 |
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
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.
Appendix tables
- Figures
Updated 15.04.2019
Official Statistics of Finland (OSF):
Building cost index [e-publication].
ISSN=1799-5841. March 2019. Helsinki: Statistics Finland [referred: 16.11.2024].
Access method: http://www.stat.fi/til/rki/2019/03/rki_2019_03_2019-04-15_tie_001_en.html