A more recent publication of this set of statistics is available.
Latest publication: Building cost index 2012, April
Published: 12 March 2008
Building costs rose by 4.6 per cent in twelve months
Building costs rose by 4.6 per cent from February 2007 to February 2008. Labour costs in construction went up by 1.9 per cent, prices of materials by 5.7 per cent and those of other inputs by 5.9 per cent year-on-year. This is indicated by the building cost index of Statistics Finland.
From January to February 2008, the total index of building costs rose by 0.6 per cent. The prices for labour rose by 0.2 per cent, whereas those for materials rose by 0.8 per cent and other inputs rose by 0.6 per cent.
Building Cost Index (2005 = 100) and its year-on-year and month-on-month changes
| Index | February 2008 |
Change % 2/2007 - 2/2008 |
Change % 1/2008 -2/2008 |
|
| Building trade newbuilding | ||||
| Total index | 112.5 | 4.6 | 0.6 | |
| Labour | 106.7 | 1.9 | 0.2 | |
| Materials | 115.4 | 5.7 | 0.8 | |
| Other inputs | 114.3 | 5.9 | 0.6 | |
| By type of building | ||||
| Newbuilding | ||||
| Blocks of flats | 113.1 | 5.1 | 0.4 | |
| Detached residential houses | 113.2 | 4.6 | 0.8 | |
| Office and commercial buildings | 111.7 | 4.6 | 0.5 | |
| Industrial and warehouse buildings | 112.0 | 3.8 | 0.7 | |
| Agricultural production buildings | 120.2 | 7.2 | 0.8 | |
Source: Building cost index 2008, February. Statistics Finland
Inquiries: Ms Sinikka Kanerva +358 9 1734 2231, rakennus.suhdanne@stat.fi
Director in charge: Ms Hannele Orjala
Last updated 12.3.2008
Official Statistics of Finland (OSF):
Building cost index [e-publication].
ISSN=1799-5841. February 2008. Helsinki: Statistics Finland [referred: 27.5.2012].
Access method: http://www.tilastokeskus.fi/til/rki/2008/02/rki_2008_02_2008-03-12_tie_001_en.html.
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