Official Statistics of Finland

Building cost index

Producer: Statistics Finland
Data:

Latest release:
Building costs rose by 0.6 per cent in January year-on-year
15 Feb 2021
According to Statistics Finland, building costs grew by 0.6 per cent in January 2021 from one year back. Labour costs increased by 0.8 per cent and material costs by 0.5 per cent. The prices of services fell by 0.3 per cent compared to one year ago. Employer's social insurance contributions for 2021 have been updated in the calculation of the index, which explains the growth in labour costs in January.

Description: The building cost index describes relative changes in the building costs of building works and buildings of essentially identical structures by monitoring developments in the prices of the basic inputs used in their building.
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Keywords: building cost index, building costs, buildings, construction, dwellings, house construction, indices, transfer price coefficient.
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Change: Data of the building cost index have been corrected
02 Dec 2020
The labour costs of the building cost index have been corrected starting from data concerning May.

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. Helsinki: Statistics Finland [referred: 3.3.2021].
Access method: http://www.stat.fi/til/rki/index_en.html