Home > Statistics > Building cost index > 2019 > May > Building costs rose by 1.2 per cent in May year-on-year

Published: 14 June 2019

Building costs rose by 1.2 per cent in May year-on-year

According to Statistics Finland, building costs rose by 1.2 per cent in May 2019 compared with the previous year's May. The prices of materials rose by 1.4 per cent. The prices of labour inputs and services rose by 0.9 per cent compared to May 2018.

Long term development of the Building Cost Index

From April to May, the total index of building costs remained on level with the previous month. The prices of materials rose slightly by 0.1 per cent. The prices of labour inputs and services remained on level with April.

Building cost index 2015=100, May 2019

Professional construction of new buildings		Weights	Index	Monthly change, %	Annual change, %
Total index		1000	103.9	0.0	1.2
By type of cost	Labour inputs	400	102.3	0.0	0.9
	Materials	510	105.4	0.1	1.4
	Services	90	102.6	0.0	0.9
By purpose of use	Residential building	440	104.2	0.0	1.1
	Other building construction	560	103.7	0.1	1.2

Source: Building cost index, Statistics Finland

Inquiries: Liina Arhosalo 029 551 3612, Merja Järvinen 029 551 2458, rakennus.indeksit@stat.fi

Director in charge: Mari Ylä-Jarkko

Publication in pdf-format (298.9 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, May 2019 (14.6.2019)
• Appendix table 2. Residential building 2015=100, May 2019 (14.6.2019)

Figures

• Appendix figure 1. Input indices 2015=100, largest annual changes, per cent (14.6.2019)
• Appendix figure 2. Index clause sub-indices P 2000=100 (14.6.2019)

---

Updated 14.06.2019