A more recent publication of this set of statistics is available.
Latest publication: Building cost index 2010, February
Published: 12 January 2010
Building costs fell by 1.0 per cent in December
Building costs were 1.0 per cent lower in December 2009 than in December 2008. Labour costs in construction rose by 2.9 per cent in the year. By contrast, prices of materials fell by 2.0 per cent and those of other inputs by 5.5 per cent. This is indicated by the Building Cost Index of Statistics Finland.
From November to December, the total index of building costs remained unchanged. Also the prices for labour and the prices of materials remained unchanged. By contrast those of other inputs fell by 0.1 per cent from November.
Building Cost Index (2005 = 100) and its year-on-year and month-on-month changes
| Index | December 2009 |
Change % 12/2008 - 12/2009 |
Change % 11/2009 - 12/2009 |
|
| Building trade newbuilding | ||||
| Total index | 112.5 | -1.0 | 0.0 | |
| Labour | 113.8 | 2.9 | 0.0 | |
| Materials | 113.3 | -2.0 | 0.0 | |
| Other inputs | 107.7 | -5.5 | -0.1 | |
| By type of building | ||||
| Newbuilding | ||||
| Blocks of flats | 113.0 | -0.8 | 0.0 | |
| Detached residential houses | 112.4 | -0.7 | 0.0 | |
| Office and commercial buildings | 112.3 | -0.9 | 0.1 | |
| Industrial and warehouse buildings | 112.6 | -1.5 | -0.1 | |
| Agricultural production buildings | 114.7 | -2.2 | -0.2 | |
Source: Building cost index 2009, December. Statistics Finland
Inquiries: Ms Sinikka Kanerva +358 9 1734 2231, rakennus.suhdanne@stat.fi
Director in charge: Ms Hannele Orjala
Last updated 12.1.2010
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