The building cost index compiled in the middle of February 2017 is 130.3 points (December 2009=100), the same as in the 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 1.8%. The index applies to March 2017.

The Icelandic building cost index 2016-2017
  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, %
 
2016              
March 128.0 128.4 0.3 3.5 0.5 0.8 4.3
April 128.4 130.8 1.9 25.8 9.4 4.6 6.2
May 130.8 131.8 0.7 9.0 12.4 5.8 7.0
June 131.8 131.9 0.1 1.4 11.6 5.9 6.6
July 131.9 131.6 -0.2 -2.9 2.4 5.8 2.9
August 131.6 131.6 0.0 -0.4 -0.7 5.6 2.8
September 131.6 131.2 -0.3 -3.4 -2.3 4.4 2.6
October 131.2 130.8 -0.3 -3.6 -2.5 -0.1 2.2
November 130.8 130.2 -0.4 -4.8 -4.0 -2.3 1.6
December 130.2 130.2 0.0 -0.4 -3.0 -2.6 1.5
2017              
January 130.2 130.3 0.1 1.2 -1.4 -1.9 1.9
February 130.3 130.3 0.0 -0.4 0.1 -1.9 1.8
March 130.3 . . . . . .

Statistics