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

Latest publication: Building cost index 2018, September

Published: 14 September 2018

Building costs rose by 2.6 per cent in August year-on-year

According to Statistics Finland, building costs rose by 2.6 per cent in August 2018 compared with the previous year. The prices of materials went up by 3.1 per cent, those of services by 2.3 per cent and those of labour inputs by two per cent compared with August 2017.

Long term development of the Building Cost Index

Long term development of the Building Cost Index

From July to August, the total index of building costs fell by 0.2 per cent. The prices of materials went up by 0.2 per cent in a month and those of services remained on level with the previous month. The prices of labour inputs fell by 0.7 per cent from the previous month.

Building cost index 2015=100, August 2018

Professional construction of new buildings Weights Index Monthly change, % Annual change, %
Total index   1000 103.4 -0.2 2.6
By type of cost Labour inputs 400 101.7 -0.7 2.0
Materials 510 105.0 0.2 3.1
Services 90 102.2 0.0 2.3
By purpose of use Residential building 440 103.8 -0.2 2.9
Other building construction 560 103.2 -0.2 2.3

Source: Building cost index. Statistics Finland

Inquiries: Atro Andersson 029 551 3544, Merja Järvinen 029 551 2458, rakennus.indeksit@stat.fi

Director in charge: Mari Ylä-Jarkko

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Tables

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Updated 14.9.2018

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. August 2018. Helsinki: Statistics Finland [referred: 16.11.2018].
Access method: http://www.stat.fi/til/rki/2018/08/rki_2018_08_2018-09-14_tie_001_en.html