NEWS RELEASE INDUSTRY 16 NOVEMBER 2007

The Building Cost Index compiled in the middle of November 2007 stood at 377.7 points (June 1987=100) and is 0.27% higher than in the previous month. The index applies to December.

In the last twelve months the BCI has risen by 6.3%.

The Icelandic Building Cost Index 2006 - 2007
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, %
 
2006
December 355.2 356.3 0.3 3.8 4.6 12.6 12.5
Average . 341.3 . . . . 8.6
2007
January 356.3 364.5 2.3 31.4 11.9 8.6 12.1
February 364.5 368.2 1.0 12.9 15.5 9.8 13.2
March 368.2 369.0 0.2 2.6 15.0 9.7 13.2
April 369.0 370.3 0.4 4.3 6.5 9.2 12.4
May 370.3 370.2 0.0 -0.3 2.2 8.6 10.5
June 370.2 370.9 0.2 2.3 2.1 8.4 10.5
July 370.9 372.0 0.3 3.6 1.8 4.2 6.4
August 372.0 375.2 0.9 10.8 5.5 3.8 6.8
September 375.2 376.9 0.5 5.6 6.6 4.3 7.0
October 376.9 376.7 -0.1 -0.6 5.2 3.5 6.3
November 376.7 377.7 0.3 3.2 2.7 4.1 6.3
December 377.7 . . . . . .
Percentage changes, not seasonally adjusted.

Statistics

Further Information

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

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