Topics
Housing and constructionPrices and consumption

Building costs rose by 9.4 per cent in April year-on-year

Statistics:
Reference period:
2022, April
Published:
Next release:

According to Statistics Finland, building costs rose by 9.4 per cent in April 2022 from one year back. The costs of materials and several commodity groups rose particularly. Among materials, the prices of steel structures rose most. In April, the costs of timber structures made a clear upturn again and were close to the peak experienced in September 2021.

Line chart. The starting point of the index in 2000 is 100. The figure shows the index point figures of the Building Cost Index 2000=100 by cost item: total index, labour inputs, materials, services. The index has risen slightly year by year as concerns the total index, labour, materials and services. At the turn of 2008 and 2009, the fall in the prices of services and materials also turned the total index into a decline for around one year. In summer 2021, there was a sharp rise in the prices of materials, which pushed the total index up considerably.

Key points

  • Building costs rose by 9.4 per cent year-on-year.
  • The costs of materials rose by 15.2 per cent from one year back.
  • Labour costs went up by 3.6 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 2.3 per cent from the month before.

Tables

See key statistical data in the tables.
13.05.2022

Building Cost Index 2021=100, April 2022

13.05.2022

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

13.05.2022

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

Figures

See key statistical data in the figures.
13.05.2022

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

Database tables

Database tables related to this release

Updated database tables
Classifications used:
  • Base year
  • Index
Updated:
13.05.2022
Classifications used:
  • Base year
Updated:
13.05.2022
Classifications used:
  • Index
  • Base year
Updated:
13.05.2022
Classifications used:
  • Transfer price coefficient
Updated:
13.05.2022
Classifications used:
  • Index
  • Base year
Updated:
13.05.2022

Background information

Documentation
Referencing instructions

Statistical experts

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

Why is this content not visible?

This content is not visible if you have prevented the use of some cookies. If you want to see this content check your cookie settings.