A more recent publication of this set of statistics is available.
Latest publication: Building cost index 2012, January
Published: 12 August 2009
Building costs fell by 1.9 per cent in July
Building costs were 1.9 per cent lower in July 2009 than in July 2008. Labour costs in construction rose by 2.7 per cent in the year. By contrast, prices of materials fell by 3.1 per cent and those of other inputs by 6.7 per cent. This is indicated by the Building Cost Index of Statistics Finland.
From June to July, the total index of building costs remained unchanged. The prices for labour also remained unchanged from June. The prices of materials rose by 0.1 per cent, whereas those of other inputs fell by 0.6 per cent from June.
Building Cost Index (2005 = 100) and its year-on-year and month-on-month changes
| Index | July 2009 |
Change % 7/2008 - 7/2009 |
Change % 6/2009 - 7/2009 |
|
| Building trade newbuilding | ||||
| Total index | 112.8 | -1.9 | 0.0 | |
| Labour | 113.4 | 2.7 | 0.0 | |
| Materials | 113.5 | -3.1 | 0.1 | |
| Other inputs | 109.4 | -6.7 | -0.6 | |
| By type of building | ||||
| Newbuilding | ||||
| Blocks of flats | 113.1 | -1.8 | 0.1 | |
| Detached residential houses | 112.9 | -1.9 | 0.0 | |
| Office and commercial buildings | 112.6 | -1.7 | -0.1 | |
| Industrial and warehouse buildings | 112.9 | -2.1 | -0.1 | |
| Agricultural production buildings | 115.1 | -4.6 | 0.2 | |
Source: Building cost index 2009, July. Statistics Finland
Inquiries: Mr Mika Sirviö +358 9 1734 2709, rakennus.suhdanne@stat.fi
Director in charge: Ms Hannele Orjala
Last updated 13.8.2009
Official Statistics of Finland (OSF):
Building cost index [e-publication].
ISSN=1799-5841. July 2009. Helsinki: Statistics Finland [referred: 14.2.2012].
Access method: http://www.tilastokeskus.fi/til/rki/2009/07/rki_2009_07_2009-08-12_tie_001_en.html.
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