Topics
Housing and constructionPrices and consumption

Building costs rose by 9.0 per cent in May year-on-year

Statistics:
Reference period:
2022, May
Published:
Next release:
Publication type:
release

Revision release

The publication of statistical data was delayed on 15 June because of a technical problem.
Read more about the revision and its impact in our release.

According to Statistics Finland, building costs rose by 9.0 per cent in May 2022 from one year back. The costs of materials continued to rise. The costs of steel structures, wood structures and concrete elements rose most, but there is strong growth in the price development of several commodity groups.

Key points

  • Building costs rose by 9.0 per cent from one year ago.
  • The costs of materials rose by 15.4 per cent from one year back.
  • Labour costs went up by 2.3 per cent from one year back.
  • The prices of services increased by 1.7 per cent from one year ago.
  • The total index went up by 0.2 per cent from the month before.

Figures

See key statistical data in the figures.
15.06.2022

Index clause sub-indices P 2000=100, May 2022

Tables

See key statistical data in the tables.
15.06.2022

Building Cost Index 2021=100, May 2022

15.06.2022

Building Cost Index 2021=100 by purpose of use, May 2022

15.06.2022

Building Cost Index 2021=100 by input heading, May 2022

Database tables

Database tables related to this release

Updated database tables
Classifications used:
  • Base year
  • Index
Updated:
Classifications used:
  • Base year
Updated:
Classifications used:
  • Index
  • Base year
Updated:
Classifications used:
  • Transfer price coefficient
Updated:
Classifications used:
  • Index
  • Base year
Updated:

Background information

Documentation
Referencing instructions

Statistical experts

Inquiries primarily
Liina Arhosalo
Senior Statistician
029 551 3612
Other experts
Head of Department in charge