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Building costs rose by 1.1 per cent in December year-on-year

release | Building cost index 2023, December

According to Statistics Finland, building costs rose by 1.1 per cent in December 2023 from one year back. Among materials, the biggest increases in the year were recorded in heat insulation (8.2%). Costs decreased most in the year in timber structures (-11.8%) and precast concrete units (-12.4%).

Key selections

  • The prices of services increased by 0.3 per cent from one year ago..
  • The costs of materials decreased by -1.7 per cent from one year back.
  • The prices of labour increased by 5.6 per cent from one year ago.

Figures

See key statistical data in the figures.

Index clause sub-indices P 2000=100, 2000M01-2023M12

Tables

See key statistical data in the tables.

Building Cost Index 2021=100, December 2023

Building Cost Index 2021=100 by purpose of use, December 2023

Building Cost Index 2021=100 by input heading, December 2023

Database tables

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Updated database tables
118p
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13ft
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13g8
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13fx
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13g5
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11np
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11nr
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11ns
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11nu
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11nw
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11ny
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11p5
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11p3
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Aaro Laakkonen
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