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Published: 12 April 2011

Building costs rose by 3.2 per cent in March

Building costs were 3.2 per cent higher in March 2011 than in March 2010. Labour costs in construction rose by 1.1 per cent and prices of materials by 3.7 per cent in the year. Those of other inputs rose by 6.9 per cent. This is indicated by the Building Cost Index of Statistics Finland.

Building cost index 2005=100

Building cost index 2005=100

From December to January, the total index rose by 0.7 per cent. The prices for labour rose by 0.7 per cent, the prices of materials by 0.5 per cent and the prices for those of other inputs by 1.4 per cent.

The Building Cost Index is released with the new base year 2010 on 12 April 2011. The contents of the publication has changed but the main index series from earlier base years are continued.


Source: Building cost index. Statistics Finland

Inquiries: Sinikka Kanerva (09) 1734 2231, rakennus.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Updated 12.4.2011

Referencing instructions:

Official Statistics of Finland (OSF): Building cost index [e-publication].
ISSN=1799-5841. March 2011. Helsinki: Statistics Finland [referred: 5.3.2024].
Access method: http://www.stat.fi/til/rki/2011/03/rki_2011_03_2011-04-12_tie_001_en.html