Home > Statistics > Building cost index > 2018 > January > Building costs rose by 1.4 per cent in January year-on-year

Published: 15 February 2018

Building costs rose by 1.4 per cent in January year-on-year

According to Statistics Finland, building costs rose by 1.4 per cent in January 2018 from one year back. The prices of materials went up by 2.1 per cent, those of labour inputs by 0.4 per cent and those of services by 2.1 per cent compared with January 2017.

Long term development of the Building Cost Index

From December to January, the total index of building costs rose by 0.3 per cent. The prices of materials went up in the month by 0.1 per cent, prices of labour inputs by 0.4 per cent, and those of services by 0.6 per cent.

Building cost index 2015=100, January 2018

Professional construction of new buildings		Weights	Index	Monthly change, %	Annual change, %
Total index		1000	101.9	0.3	1.4
By type of cost	Labour inputs	400	101.0	0.4	0.4
	Materials	510	102.7	0.1	2.1
	Services	90	101.7	0.6	2.1
By purpose of use	Residential building	440	102.0	0.2	1.6
	Other building construction	560	101.8	0.3	1.3

Source: Building cost index. Statistics Finland

Inquiries: Atro Andersson 029 551 3544, Merja Järvinen 029 551 2458, rakennus.indeksit@stat.fi

Director in charge: Sami Saarikivi

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Appendix tables

• Appendix table 1. Input indices 2015=100, January 2018 (15.2.2018)
• Appendix table 2. Residential building 2015=100, January 2018 (15.2.2018)

Figures

• Appendix figure 1. Input indices 2015=100, largest annual changes, per cent (15.2.2018)
• Appendix figure 2. Index clause sub-indices P 2000=100 (15.2.2018)

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Updated 15.02.2018