The building cost index compiled in the middle of September 2017 is 135.1 points (December 2009=100), 1.5% increase from previous month.

Prices of domestic material increased by 4.1% (effect on the index 1.5%), prices of machines, transportation and energy increased by 0.7% (0.1%), but prices of imported materials decreased by 0.6% from last month (-0.1%). In the last twelve months the BCI has increased by 3.0%. The index applies to October 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              
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 130.3 130.0 -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 . . . . . .

Statistics