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 . . . . . .

 Statistics