Building cost index for October 2011

The building cost index compiled in the middle of September 2011 is 111.3 points (December 2009=100), 0.7% higher than in the previous month. Prices of domestic materials increased by 2.1% (effect on the index 0.8%) while prices of imported materials declined by 0.6% (-0.2%). Machines, transportation and energy prices rose by 0.8% (0.1%). The index applies to October 2011.

 

In the last twelve months the BCI has increased by 8.1%.

 

The Icelandic building cost index 2010-2011
	Month of application January 2010=100	Reference month December 2009=100
				Annualized rates
			Monthly changes	Latest month, %	Latest 3 months, %	Latest 6 months, %	Latest 12 months, %
2010
October	103.0	100.9	-2.0	-21.5	-4.9	0.0	.
November	100.9	100.8	-0.1	-0.6	-6.3	-1.8	.
December	100.8	100.8	-0.1	-0.6	-8.2	-2.6	0.8
2011
January	100.8	101.4	0.6	7.9	2.1	-1.5	0.3
February	101.4	101.6	0.1	1.6	2.9	-1.8	0.8
March	101.6	102.5	0.9	11.7	7.0	-0.9	1.4
April	102.5	106.7	4.1	61.6	22.4	11.8	5.7
May	106.7	107.4	0.7	8.5	25.1	13.4	5.5
June	107.4	109.9	2.3	31.5	32.1	18.9	7.6
July	109.9	110.8	0.8	10.1	16.2	19.3	8.4
August	110.8	110.5	-0.2	-2.7	12.1	18.4	7.8
September	110.5	111.3	0.7	8.8	5.2	17.9	8.1
October	111.3	.	.	.	.	.	.

 

Statistics