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Published: 10 June 2011

Building costs rose by 4.2 per cent in May

Building costs were 4.2 per cent higher in May 2011 than in May 2010. Labour costs in construction rose by 2.4 per cent and prices of materials by 4.8 per cent in the year. Those of other inputs rose by 6.6 per cent. This is indicated by the Building Cost Index of Statistics Finland.

Building cost index 2005=100

Building cost index 2005=100

From April to May, the total index rose by 0.6 per cent. The prices for labour fell by 0.1 per cent. Prices of materials rose by 0.6 per cent and the prices for those of other inputs by 2.3 per cent.

Source: Building cost index. Statistics Finland

Inquiries: Sinikka Kanerva (09) 1734 2231,

Director in charge: Hannele Orjala

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Updated 10.6.2011

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. May 2011. Helsinki: Statistics Finland [referred: 23.3.2023].
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