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Slight increase in construction costs
statistikk
2004-03-10T10:00:00.000Z
Prices and price indices;Construction, housing and property
en
bkibol, Construction cost index for residential buildings, construction costs, labour costs, material costs, detached houses, residential buildings, type of work (for example electrical, plumbing, groundwork), types of material (for example concrete, reinforced steel, timber)Dwelling and housing conditions , Construction , Construction cost indices, Construction, housing and property, Prices and price indices
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Construction cost index for residential buildings, February 2004

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Slight increase in construction costs

From February 2003 to February 2004 the construction cost index of residential buildings rose by 1.9 per cent, while the material costs increased by 2.2 per cent in the same period.

The construction costs of detached houses rose by 2 per cent, while multi-dwelling houses increased by 1.2 per cent. In the same period material costs of multi-dwelling houses and detached houses rose by 2.4 and 2.1 per cent respectively.

The construction costs of detached houses and multi-dwelling houses increased both by 0.2 per cent in February compared with January this year. The material costs rose by 0.2 and 0.3 per cent respectively of detached houses and multi-dwelling houses in the same period. Wage statistics for the fourth quarter 2003 are included and contributed to an increase of labour costs by 0.1 per cent in February compared with January this year.

Construction cost index for residential buildings. 2000=100
  February 2004 Change in per cent
  January-
February 2004 		February 2003-
February 2004
Residential buildings1  113.3 0.2 1.9
Residential buildings, labour cost  118.2 0.1 3.2
Residential buildings, materials  110.9 0.2 2.2
       
Detached houses of wood  113.1 0.2 2.0
Detached houses of wood, materials  110.7 0.2 2.1
       
Multi-dwelling houses  114.3 0.2 1.2
Multi-dwelling houses, materials  111.8 0.3 2.4
1  Construction cost index for residential buildings is weighted by index for
detached houses of wood and index for multi-dwelling houses.