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Home BUSINESSBuilding costs slightly up in April
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Sun, 15 May, 2016 12:06:57 AM
FTimes Report, May 15
 
Long term development of the Building Cost Index. Source: Building cost index. Statistics Finland.
Building costs rose by 0.3 per cent in April 2016 compared with the previous year's April, according to Statistics Finland.  
 
The prices of labour inputs in construction went up by 0.9 per cent and the prices of services by 0.2 per cent.
 
The prices of materials fell by 0.1 per cent from one year ago the data show.
 
The total index of building costs rose by 0.1 per cent from March to April.
 
The prices of labour inputs fell by 0.4 per cent. But the prices of materials went up by 0.4 per cent and those of services by 1.5 per cent from the month before.
 

Building cost index 2015=100, April 2016

Professional construction of new buildings Weights Index Monthly change, % Annual change, %
Total index   1000 100,3 0,1 0,3
By type of cost Labour inputs 400 100,9 -0,4 0,9
Materials 510 99,8 0,4 -0,1
Services 90 100,0 1,5 0,2
By purpose of use Residential building 440 100,2 0,1 0,3
Other building construction 560 100,3 0,2 0,3

Source: Building cost index. Statistics Finland.

 
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