A more recent publication of this set of statistics is available.

Latest publication: Building cost index 2019, September

Published: 17 February 2011

Building costs rose by 2.5 per cent in January

Building costs were 2.5 per cent higher in January 2011 than in January 2010. Labour costs in construction rose by 0.4 per cent and prices of materials by 3.8 per cent in the year. Those of other inputs rose by 2.4 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 January
2011
Change %
1/2010 - 1/2011
Change %
12/2010 - 1/2011
Building trade newbuilding      
Total index 115.9 2.5 0.4
    Labour 115.0 0.4 0.4
    Materials 118.1 3.8 0.3
    Other inputs 110.5 2.3 0.7
       
By type of building      
Newbuilding      
    Blocks of flats 117.2 3.3 0.4
    Detached residential houses 115.5 2.4 0.2
    Office and commercial buildings 115.6 2.4 0.5
    Industrial and warehouse buildings 115.8 2.3 0.4
    Agricultural production buildings 120.5 5.0 0.2

From December to January, the total index rose by 0.4 per cent. The prices for labour rose by 0.4 per cent, the prices of materials by 0.3 per cent and the prices for those of other inputs by 0.7 per cent.

The Building Cost Index will be released with the new base year 2010 latest in April 2011.

Source: Building cost index 2011, January. Statistics Finland

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

Director in charge: Ms Hannele Orjala

Tables

Tables in databases


Last updated 17.2.2011

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. January 2011. Helsinki: Statistics Finland [referred: 13.11.2019].
Access method: http://www.stat.fi/til/rki/2011/01/rki_2011_01_2011-02-17_tie_001_en.html