A more recent publication of this set of statistics is available.
Latest publication: Building cost index 2012, April
Published: 12 June 2009
Building costs fell by 1.2 per cent in May
Building costs were 1.2 per cent lower in May 2009 than in May 2008. Labour costs in construction rose by 3.1 per cent in the year. By contrast, prices of materials fell by 2.4 per cent and those of other inputs by 5.3 per cent. This is indicated by the Building Cost Index of Statistics Finland.
From April to May, the total index of building costs fell by 0.2 per cent. The prices for labour fell by 0.3 procent, the prices of materials by 0.1 procent and those of other inputs 0.3 procent.
Building Cost Index (2005 = 100) and its year-on-year and month-on-month changes
| Index | May 2009 |
Change % 5/2008 - 5/2009 |
Change % 4/2009 - 5/2009 |
|
| Building trade newbuilding | ||||
| Total index | 113.1 | -1.2 | -0.2 | |
| Labour | 113.5 | 3.1 | -0.3 | |
| Materials | 113.8 | -2.4 | -0.1 | |
| Other inputs | 110.1 | -5.3 | -0.3 | |
| By type of building | ||||
| Newbuilding | ||||
| Blocks of flats | 113.0 | -1.4 | -0.5 | |
| Detached residential houses | 113.0 | -1.6 | -0.6 | |
| Office and commercial buildings | 112.7 | -0.9 | 0.1 | |
| Industrial and warehouse buildings | 113.6 | -0.7 | -0.2 | |
| Agricultural production buildings | 115.2 | -4.9 | -0.3 | |
Source: Building cost index 2009, May. Statistics Finland
Inquiries: Ms Sinikka Kanerva +358 9 1734 2231, rakennus.suhdanne@stat.fi
Director in charge: Ms Hannele Orjala
Last updated 12.6.2009
Official Statistics of Finland (OSF):
Building cost index [e-publication].
ISSN=1799-5841. May 2009. Helsinki: Statistics Finland [referred: 27.5.2012].
Access method: http://www.tilastokeskus.fi/til/rki/2009/05/rki_2009_05_2009-06-12_tie_001_en.html.
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