Topics
Housing and constructionPrices and consumption

Building costs rose by 8.3 per cent in July year-on-year

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

According to Statistics Finland, building costs rose by 8.3 per cent in July 2022 from one year back. Among materials, the biggest increases in the year were recorded in steel structures (34.8%) and concrete elements (20.6%). The costs of timber structures fell on the annual level (-3.0%).

Key points

  • Building costs rose by 8.3 per cent year-on-year.
  • The costs of materials rose by 12.8 per cent from one year back.
  • Labour costs went up by 3.4 per cent from one year back.
  • The prices of services increased by 2.5 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.
15.08.2022

Index clause sub-indices P, July 2022

Tables

See key statistical data in the tables.
15.08.2022

Building Cost Index 2021=100, July 2022

15.08.2022

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

15.08.2022

Building Cost Index 2021=100 by input heading, July 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
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Background information

Documentation
Referencing instructions

Statistical experts

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