Published: 13 September 2019
Building costs rose by 0.9 per cent in August year-on-year
According to Statistics Finland, building costs rose by 0.9 per cent in August 2019 compared with the previous year. The prices of labour inputs increased by 1.6 per cent. The prices of materials rose by 0.5 per cent and those of services by 0.1 per cent compared with August of the previous year.
Long term development of the Building Cost Index
![Long term development of the Building Cost Index](rki_2019_08_2019-09-13_tie_001_en_001.png)
From July to August, the total index of building costs rose by 0.3 per cent. The prices of materials went up by 0.5 per cent and the prices of labour inputs by 0.1 per cent. The prices of services remained unchanged in August from the previous month.
Building cost index 2015=100, August 2019
Professional construction of new buildings | Weights | Index | Monthly change, % | Annual change, % | |
Total index | 1000 | 104.4 | 0.3 | 0.9 | |
By type of cost | Labour inputs | 400 | 103.4 | 0.1 | 1.6 |
Materials | 510 | 105.5 | 0.5 | 0.5 | |
Services | 90 | 102.3 | 0.0 | 0.1 | |
By purpose of use | Residential building | 440 | 104.6 | 0.3 | 0.8 |
Other building construction | 560 | 104.2 | 0.3 | 1.0 |
Source: Building cost index, Statistics Finland
Inquiries: Liina Arhosalo 029 551 3612, Merja Järvinen 029 551 2458, rakennus.indeksit@stat.fi
Director in charge: Mari Ylä-Jarkko
Publication in pdf-format (297.9 kB)
- Tables
-
Tables in databases
Pick the data you need into tables, view the data as graphs, or download the data for your use.
Appendix tables
- Figures
Updated 13.09.2019
Official Statistics of Finland (OSF):
Building cost index [e-publication].
ISSN=1799-5841. August 2019. Helsinki: Statistics Finland [referred: 18.8.2024].
Access method: http://www.stat.fi/til/rki/2019/08/rki_2019_08_2019-09-13_tie_001_en.html