Content
Published:
This is an archived release.
Minor changes in construction costs
The construction costs of residential buildings rose by 0.2 per cent from July to August this year, and are 3.3 per cent higher than in August 2013. Labour costs increased by 0.5 per cent, while material costs remained unchanged in the same period.
| August 2014 | |||
|---|---|---|---|
| Change from last month, per cent | Change from last year, per cent | Index | |
| 1Construction cost index for residential buildings is weighted by index for detached houses of wood and index for multi-dwelling houses. | |||
| Residential buildings1 | 0.2 | 3.3 | 168.7 |
| Residential buildings, labour cost | 0.5 | 2.9 | 176.6 |
| Residential buildings, materials | 0.0 | 4.2 | 169.6 |
| Detached houses of wood | 0.2 | 3.7 | 169.7 |
| Detached houses of wood, materials | 0.0 | 4.7 | 169.3 |
| Detached houses of wood, other building work | 0.2 | 4.0 | 169.9 |
| Detached houses of wood, other building work, materials | -0.1 | 4.7 | 168.1 |
| Multi-dwelling houses | 0.4 | 2.6 | 168.8 |
| Multi-dwelling houses, materialsr | 0.0 | 3.2 | 175.0 |
Wage statistics for the second quarter of 2014 are included in the construction costs of August 2014, and are the main reason for the cost increase from July.
From August 2013 to August 2014, the construction costs of detached houses of wood and multi-dwelling houses increased by 3.7 and 2.6 per cent respectively.
Contact
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Hanne Beate Høiby
E-mail: hanne.hoiby@ssb.no
tel.: (+47) 40 81 14 28
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Mona Takle
E-mail: mona.takle@ssb.no
tel.: (+47) 40 81 14 12