News

Monday - 21 January 2008
No. 9/2008

Building cost index for February 2008

The Building Cost Index compiled in the middle of January 2008 is 381.0 points (June 1987=100) and is 0.8% higher than in the previous month. The index applies to February 2008.

In the last twelve months the BCI has increased by 4.5%.

The Icelandic Building Cost Index 2007-2008
Month of application July 1987=100
Reference month June 1987=100 Annualized rates
Monthly changes Latest month, % Latest 3 months, % Latest 6 months, % Latest 12 months, %
 
2007
February 364.5 368.2 1.0 12.9 15.5 9.8 13.2
March 368.2 369.0 0.2 2.6 15.0 9.7 13.2
April 369.0 370.3 0.4 4.3 6.5 9.2 12.4
May 370.3 370.2 0.0 -0.3 2.2 8.6 10.5
June 370.2 370.9 0.2 2.3 2.1 8.4 10.5
July 370.9 372.0 0.3 3.6 1.8 4.2 6.4
August 372.0 375.2 0.9 10.8 5.5 3.8 6.8
September 375.2 376.9 0.5 5.6 6.6 4.3 7.0
October 376.9 376.7 -0.1 -0.6 5.2 3.5 6.3
November 376.7 377.7 0.3 3.2 2.7 4.1 6.3
December 377.7 377.9 0.1 0.6 1.1 3.8 6.1
Average . 372.5 . . . . 9.1
2008
January 377.9 381.0 0.8 10.3 4.6 4.9 4.5
February 381.0 . . . . . .
Percentage changes, not seasonally adjusted.

Statistics




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For further information contact Heiðrún Guðmundsdóttir, tel. +354-528 1206, fax +354-528 1099.

 

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