Home > Statistics > Building cost index > 2019 > November > Building costs rose by 0.3 per cent in November year-on-year

Published: 13 December 2019

Building costs rose by 0.3 per cent in November year-on-year

According to Statistics Finland, building costs rose by 0.3 per cent in November 2019 from one year back. The prices of services rose by 1.2 per cent and labour costs by 0.9 per cent compared with November of the previous year. The prices of materials fell by 0.4 per cent from one year ago.

Long term development of the Building Cost Index

In November, the total index of building costs remained on level with October. The prices of materials rose by 0.1 per cent. The prices of labour inputs and services remained unchanged from the previous month.

Building cost index 2015=100, November 2019

Professional construction of new buildings		Weights	Index	Monthly change, %	Annual change, %
Total index		1000	104.4	0.0	0.3
By type of cost	Labour inputs	400	104.0	0.0	0.9
	Materials	510	104.9	0.1	-0.4
	Services	90	103.2	0.0	1.2
By purpose of use	Residential building	440	104.6	0.0	0.0
	Other building construction	560	104.2	0.0	0.5

Source: Building cost index, Statistics Finland

Inquiries: Liina Arhosalo 029 551 3612, Eetu Toivanen 029 551 3331, info@stat.fi

Director in charge: Mari Ylä-Jarkko

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Appendix tables

• Appendix table 1. Input indices 2015=100, November 2019 (13.12.2019)
• Appendix table 2. Residential building 2015=100, November 2019 (13.12.2019)

Figures

• Appendix figure 1. Input indices 2015=100, largest annual changes, per cent (13.12.2019)
• Appendix figure 2. Index clause sub-indices P 2000=100 (13.12.2019)

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Updated 13.12.2019