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

Latest publication: Building cost index 2019, August

Published: 12 May 2009

Building costs fell by 0.7 per cent in April

Building costs were 0.7 per cent lower in April 2009 than in April 2008. Labour costs in construction rose by 3.9 per cent in the year. By contrast, prices of materials fell by 2.2 per cent and those of other inputs by 4.3 per cent. This is indicated by the Building Cost Index of Statistics Finland.

From March to April, the total index of building costs fell by 0.4 per cent. The prices for labour fell by 1.0 procent and the prices of materials by 0.1 procent, whereas those of other inputsremained unchanged from March.

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

Index April
2009
Change %
4/2008 - 4/2009
Change %
3/2009 - 4/2009
Building trade newbuilding      
Total index 113.3 -0.7 -0.4
    Labour 113.8 3.9 -1.0
    Materials 113.9 -2.2 -0.1
    Other inputs 110.4 -4.3 0.0
       
By type of building      
Newbuilding      
    Blocks of flats 113.6 -0.9 -0.4
    Detached residential houses 113.6 -1.0 -0.2
    Office and commercial buildings 112.7 -0.5 -0.5
    Industrial and warehouse buildings 113.8 -0.1 -0.4
    Agricultural production buildings 115.6 -4.6 -0.1

Source: Building cost index 2009, April. 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 12.5.2009

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. April 2009. Helsinki: Statistics Finland [referred: 15.10.2019].
Access method: http://www.stat.fi/til/rki/2009/04/rki_2009_04_2009-05-12_tie_001_en.html