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Construction costs up 3.4 per cent
statistikk
2004-09-09T10:00:00.000Z
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, August 2004

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Construction costs up 3.4 per cent

The construction costs of residential buildings increased by 3.4 per cent from August last year to August this year. Material costs rose by 4.5 per cent in the same period.

The construction costs of multi-dwelling houses and detached houses increased by 4.2 and 3.1 per cent respectively in the twelve months from August 2003 to August 2004. The increase was 0.2 per cent and 0.1 per cent in August this year.

Wage statistics for the second quarter of 2004 are included in the figures and contributed to an increase in labour costs of 0.2 per cent from July to August.

Construction cost index for residential buildings. 2000=100
  August2004 Change in per cent
  July-August
2004 		August 2003-
August 2004
Residential buildings1  115.5 0.2 3.4
Residential buildings, labour cost  119.0 0.2 2.3
Residential buildings, materials  114.5 0.2 4.5
       
Detached houses of wood  115.1 0.1 3.1
Detached houses of wood, materials  113.7 0.1 3.9
       
Multi-dwelling houses  117.0 0.2 4.2
Multi-dwelling houses, materials  117.8 0.2 6.8
1  Construction cost index for residential buildings is weighted by index for
detached houses of wood and index for multi-dwelling houses.