Home > Statistics > Building cost index > 2019 > September > Building costs rose by 0.8 per cent in September year-on-year

Published: 15 October 2019

Building costs rose by 0.8 per cent in September year-on-year

According to Statistics Finland, building costs rose by 0.8 per cent in September 2019 compared with the previous year's September. The prices of labour inputs went up by 1.6 per cent and the prices of materials by 0.4 per cent. The prices of services remained unchanged from the previous year.

Long term development of the Building Cost Index

From August to September, the total index of building costs grew by 0.1 per cent. The prices of materials went up by 0.2 per cent and those of labour inputs remained on level with August. Service costs fell by 0.1 per cent in September from the previous month.

Building cost index 2015=100, September 2019

Professional construction of new buildings		Weights	Index	Monthly change, %	Annual change, %
Total index		1000	104.4	0.1	0.8
By type of cost	Labour inputs	400	103.4	-0.0	1.6
	Materials	510	105.7	0.2	0.4
	Services	90	102.3	-0.1	0.0
By purpose of use	Residential building	440	104.7	0.2	0.8
	Other building construction	560	104.2	0.0	0.9

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

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Appendix tables

• Appendix table 1. Input indices 2015=100, September 2019 (15.10.2019)
• Appendix table 2. Residential building 2015=100, September 2019 (15.10.2019)

Figures

• Appendix figure 1. Input indices 2015=100, largest annual changes, per cent (15.10.2019)
• Appendix figure 2. Index clause sub-indices P 2000=100 (15.10.2019)

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Updated 15.10.2019