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

Latest publication: Building cost index 2021, March

Published: 2 December 2020

Corrected release 06/2020: Building costs fell by 0.3 per cent in June year-on-year

Data of the building cost index has been corrected from May 2020 to October 2020. Further information in this newsletter .

According to Statistics Finland, building costs fell by 0.3 per cent in June 2020 compared with the previous year's June. The prices of services rose by 0.5 per cent and the prices of materials rose by 0,4 per cent compared with June of the previous year. Labour costs fell by 1,4 per cent from one year ago.

Long term development of the Building Cost Index

Long term development of the Building Cost Index

From May to June, the total index of building increased by 0.2 per cent. The prices of materials rose by 0,4 per cent. The prices of labour costs and services remained unchanged in June from the previous month.

Building cost index 2015=100, June 2020

Professional construction of new buildings Weights Index Monthly change, % Annual change, %
Total index   1000 103.6 0.2 -0.3
By type of cost Labour inputs 400 101.9 -0.0 -1.4
Materials 510 105.1 0.4 0.4
Services 90 103.0 0.0 0.5
By purpose of use Residential building 440 103.7 0.2 -0.5
Other building construction 560 103.6 0.2 -0.2

Source: Building cost index, Statistics Finland

Inquiries: Liina Arhosalo 029 551 3612, Merja Järvinen 029 551 2458, info@stat.fi

Head of Department in charge: Hannele Orjala

Publication in pdf-format (299.9 kB)

Tables

Tables in databases

Appendix tables

Figures

Updated 2.12.2020

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. June 2020. Helsinki: Statistics Finland [referred: 7.5.2021].
Access method: http://www.stat.fi/til/rki/2020/06/rki_2020_06_2020-12-02_tie_001_en.html