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Building costs went down by 0.1 per cent in July 2024 from one year ago

Release related to topics:Housing and constructionPrices and consumption
release | Building cost index 2024, July

According to Statistics Finland, building costs decreased by 0.1 per cent in July 2024 from one year back. Among materials, the biggest increases in the year were recorded in soil (5.4%) and timber structures (3.8%). Costs decreased most in the year in steel structures (-9.0%) and precast concrete units (-7.0%).

Key selections

  • The prices of labour increased by 1.8 per cent in July 2024 from one year back.
  • The costs of materials decreased by 1.1 per cent from one year back.
  • The costs of services decreased by 2.0 per cent from one year back.
  • The total index went down by 0.2 per cent from the month before.

Figures

See key statistical data in the figures.

Index clause sub-indices P 2000=100, in 2000M01 to 2024M07

Tables

See key statistical data in the tables.

Building Cost Index 2021=100, 2024M07

Building Cost Index 2021=100 by purpose of use, 2024M07

Building Cost Index 2021=100 by input heading, 2024M07

Database tables

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Updated database tables
118p
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  • Index
  • Base year
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month
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13ft
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13g8
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13fx
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  • Index
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13g5
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11np
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11nr
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11ns
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month
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11nu
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11nw
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11ny
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month
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11p5
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  • Transfer price coefficient
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month
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11p3
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  • Base year
  • Index
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month
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Future releases

Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

Official Statistics of Finland (OSF): Building cost index [online publication].
Reference period: 2024, July. ISSN=1799-5841. Helsinki: Statistics Finland [Referenced: 21.11.2024].
Access method:

Statistical experts

Inquiries primarily

Service email
info@stat.fi
Veli Kettunen
Senior Statistician
029 551 3933

Other experts

Martti Korhonen
Senior Statistician
029 551 3451

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Hannele Orjala
Head of Department in charge
029 551 3582