News

Wednesday - 19 March 2008
No. 46/2008

Building cost index for April 2008

The Building Cost Index compiled in the middle of March 2008 is 403.1 points (June 1987=100) and is 4.43% higher than in the previous month. Labour cost increased 6.8%, effect on the index 2.8%. The index applies to April 2008.

In the last twelve months the BCI has increased by 9.2%.

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
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 381.0 386.0 1.3 16.9 9.1 5.8 4.8
March 386.0 403.1 4.4 68.2 29.5 14.4 9.2
April 403.1 . . . . . .
Percentage changes, not seasonally adjusted.

Statitics



Use of this press release is free. Please quote the source.

For further information please contact the Price statistics department, tel. +354 528 1200.

 

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