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Published: 12 January 2011

Building costs rose by 2.6 per cent in December

Building costs were 2.6 per cent higher in December 2010 than in December 2009. Labour costs in construction rose by 0.7 per cent and prices of materials by 3.9 per cent in the year. Those of other inputs rose by 1.9 per cent. This is indicated by the Building Cost Index of Statistics Finland.

Building Cost Index (2005=100) and its year-on-year and month-on-month changes

Index December
2010
Change %
12/2009 - 12/2010
Change %
11/2010 - 12/2010
Building trade newbuilding      
Total index 115.4 2.6 0.3
    Labour 114.6 0.7 0.3
    Materials 117.7 3.9 0.2
    Other inputs 109.7 1.9 0.6
       
By type of building      
Newbuilding      
    Blocks of flats 116.7 3.3 0.2
    Detached residential houses 115.3 2.5 0.2
    Office and commercial buildings 115.0 2.4 0.4
    Industrial and warehouse buildings 115.4 2.5 0.3
    Agricultural production buildings 120.2 4.8 0.0

From November to December, the total index rose by 0.3 per cent. The prices for labour rose by 0.3 per cent, the prices of materials by 0.2 per cent and the prices for those of other inputs by 0.6 per cent.

The Building Cost Index will be released with the new base year 2010 on 17 February 2011. The contents of the publication will change but the main index series from earlier base years will be continued.

Source: Building cost index 2010, December. Statistics Finland

Inquiries: Ms Sinikka Kanerva +358 9 1734 2231, rakennus.suhdanne@stat.fi

Director in charge: Ms Hannele Orjala

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Päivitetty 12.1.2011

Viittausohje:

Suomen virallinen tilasto (SVT): Rakennuskustannusindeksi [verkkojulkaisu].
ISSN=1795-4282. joulukuu 2010. Helsinki: Tilastokeskus [viitattu: 28.3.2024].
Saantitapa: https://www.stat.fi/til/rki/2010/12/rki_2010_12_2011-01-12_tie_001_en.html