NEWS RELEASE INDUSTRY 20 JULY 2009

The building cost index compiled in the middle of July 2009 is 486.4 points (June 1987=100), 1.78% higher than in the previous month. Labour cost increased by 3.1%, effect on the index 1.05%. The index applies to August 2009.

In the last twelve months the BCI has increased by 10.3%.

The Icelandic building cost index 2008-2009
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, %
 
2008
August 440.9 441.3 0.1 1.1 16.6 30.7 17.6
September 441.3 447.7 1.5 18.9 19.8 23.4 18.8
October 447.7 463.8 3.6 52.8 22.5 24.0 23.1
November 463.8 478.8 3.2 46.5 38.6 27.1 26.8
December 478.8 489.6 2.3 30.7 43.0 30.9 29.6
2009
January 489.6 490.1 0.1 1.2 24.7 23.6 28.6
February 490.1 492.5 0.5 6.0 11.9 24.8 27.6
March 492.5 490.7 -0.4 -4.3 0.9 20.1 21.7
April 490.7 474.2 -3.4 -33.7 -12.4 4.5 13.9
May 474.2 474.9 0.2 1.8 -13.5 -1.6 11.8
June 474.9 477.9 0.6 7.9 -10.0 -4.7 11.7
July 477.9 486.4 1.8 23.6 10.7 -1.5 10.3
August 486.4 . . . . . .
Percentage changes, not seasonally adjusted.        

Statistics

Further Information

For further information please contact 528 1100 , email upplysingar@hagstofa.is

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