The building cost index compiled in the middle of November 2015 is 128.1 points (December 2009=100), 0.2% higher than in the previous month.
The price increase is primarily due to a 0.4% price increase of domestic materials (effect on the index 0.2%). In the last twelve months the BCI has increased by 6.0%. The index applies to December 2015.
| The Icelandic building cost index 2014-2015 | |||||||
| 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, % | |||
| 2014 | |||||||
| November | 120.6 | 120.8 | 0.2 | 2.3 | -0.1 | 0.4 | 1.3 |
| December | 120.8 | 120.9 | 0.1 | 0.6 | 1.4 | 0.3 | 1.6 |
| 2015 | |||||||
| January |
120.9 |
123.3 |
2.1 |
27.6 |
9.5 |
4.4 |
3.7 |
|
February |
123.3 |
123.2 |
-0.1 |
-1.7 |
8.1 |
3.9 |
3.6 |
|
March |
123.2 |
123.0 |
-0.1 |
-1.3 |
7.4 |
4.3 |
2.6 |
|
April |
123.0 |
123.2 |
0.1 |
1.1 |
-0.6 |
4.3 |
2.7 |
| May | 123.2 | 123.2 | 0.0 | 0.3 | 0.0 | 4.0 | 2.2 |
| June | 123.2 | 123.8 | 0.5 | 6.2 | 2.5 | 4.9 | 2.6 |
| July | 123.8 | 127.9 | 3.3 | 47.8 | 16.3 | 7.5 | 6.0 |
| August | 127.9 | 128.0 | 0.1 | 0.9 | 16.6 | 8.0 | 5.9 |
| September | 128.0 | 127.8 | -0.1 | -1.5 | 13.7 | 7.9 | 6.1 |
| October | 127.8 | 127.9 | 0.1 | 1.0 | 0.1 | 7.9 | 6.1 |
| November | 127.9 | 128.1 | 0.2 | 1.9 | 0.9 | 7.1 | 6.0 |
| December | 128.1 | . | . | . | . | . | . |