NEWS RELEASE INDUSTRY 19 DECEMBER 2006

The Building Cost Index compiled in the middle of December 2006 stood at 356.3 points (June 1987=100) and is 0.31% higher than in the previous month. The index applies to January.

In the last twelve months the BCI has risen by 12.5%.

In 2006 the Building Cost Index was on average 8.6% higher than in 2005.

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
January 316.7 325.2 2.7 37.4 11.3 8.0 3.8
February 325.2 325.3 0.0 0.4 11.5 6.6 3.9
March 325.3 325.9 0.2 2.2 12.1 6.2 4.2
April 325.9 329.4 1.1 13.7 5.3 8.2 5.3
May 329.4 334.9 1.7 22.0 12.3 11.9 6.9
June 334.9 335.8 0.3 3.3 12.7 12.4 7.1
July 335.8 349.7 4.1 62.7 27.0 15.6 11.8
August 349.7 351.4 0.5 6.0 21.2 16.7 11.5
September 351.4 352.3 0.3 3.1 21.2 16.9 11.4
October 352.3 354.4 0.6 7.4 5.5 15.8 11.9
November 354.4 355.2 0.2 2.7 4.4 12.5 12.2
December 355.2 356.3 0.3 3.8 4.6 12.6 12.5
Average . 341.3 . . . . 8.6
2007
January 356.3 . . . . . .
Percentage changes, not seasonally adjusted.

Statistics

Further Information

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

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