Home > Statistics > Building cost index > 2019 > April > Building costs rose by 1.7 per cent in April year-on-year

Published: 15 May 2019

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 2019 year-on-year. The prices of materials went up by 2.0 per cent, those of labour inputs by 1.6 per cent and those of services by 0.9 per cent compared with April 2018.

Long term development of the Building Cost Index

From March to April, the total index of building costs remained on level with the previous month. The prices of materials also remained unchanged from March. The prices of labour inputs went down by 0.1 per cent and those of services rose 0.1 per cent from the month before.

Building cost index 2015=100, April 2019

Professional construction of new buildings		Weights	Index	Monthly change, %	Annual change, %
Total index		1000	103.9	-0.0	1.7
By type of cost	Labour inputs	400	102.3	-0.1	1.6
	Materials	510	105.4	0.0	2.0
	Services	90	102.6	0.1	0.9
By purpose of use	Residential building	440	104.2	-0.0	1.8
	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

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Appendix tables

• Appendix table 1. Input indices 2015=100, April 2019 (15.5.2019)
• Appendix table 2. Residential building 2015=100, April 2019 (15.5.2019)

Figures

• Appendix figure 1. Input indices 2015=100, largest annual changes, per cent (15.5.2019)
• Appendix figure 2. Index clause sub-indices P 2000=100 (15.5.2019)

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Updated 15.05.2019