The building cost index compiled in the middle of February 2018 is 136.9 points (December 2009=100), and has decreased slightly from previous month.

Prices of imported materials declined by 0.4% from last month (effect on the index -0.1%). In the last twelve months the BCI has increased by 5.1%. The index applies to March 2018.

The Icelandic building cost index 2017–2018
  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, %
 
2017              
March 130.3 130.0 -0.2 -2.5 -0.6 -1.8 1.3
April 130.0 130.1 0.1 0.9 -0.7 -1.0 -0.6
May 130.1 131.6 1.2 15.0 4.2 2.1 -0.1
June 131.6 131.6 0.0 -0.4 4.9 2.1 -0.3
July 131.6 132.6 0.8 9.6 7.9 3.5 0.7
August 132.6 133.0 0.3 4.1 4.4 4.3 1.1
September 133.0 135.1 1.5 20.1 11.1 8.0 3.0
October 135.1 135.8 0.5 6.2 9.9 8.9 3.8
November 135.8 136.1 0.3 3.2 9.6 7.0 4.5
December 136.1 136.5 0.2 3.0 4.1 7.6 4.8
2018              
January 136.5 137.0 0.4 4.5 3.6 6.7 5.1
February 137.0 136.9 0.0 -0.5 2.3 5.9 5.1
March 136.9 . . . . . .

Statistics