NEWS RELEASE INDUSTRY 21 FEBRUARY 2011

The building cost index compiled in the middle of February 2011 is 101.6 points (December 2009=100), 0.1% higher than in the previous month. Prices of domestic materials increased by 0.1% and prices of imported materials increased by 0.7% (effect on the index 0.2%). Labour cost declined by 0.5% (-0.1%) and cost of machine work, transportation and energy increased by 0.3%. The index applies to March 2011.

In the last twelve months the BCI has increased by 0.8%.

The Icelandic building cost index 2010-2011
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, %
 
2010
March 100.8 101.1 0.3 3.9 4.6 . .
April 101.1 100.9 -0.2 -2.1 -0.6 . .
May 100.9 101.8 0.8 10.6 4.0 . .
June 101.8 102.1 0.3 3.9 4.0 4.3 .
July 102.1 102.2 0.1 1.0 5.1 2.2 .
August 102.2 102.5 0.3 3.7 2.9 3.4 .
September 102.5 103.0 0.5 5.7 3.4 3.7 .
October 103.0 100.9 -2.0 -21.5 -4.9 0.0 .
November 100.9 100.8 -0.1 -0.6 -6.3 -1.8 .
December 100.8 100.8 -0.1 -0.6 -8.2 -2.6 0.8
2011
January 100.8 101.4 0.6 7.9 2.1 -1.5 0.3
February 101.4 101.6 0.1 1.6 2.9 -1.8 0.8
March 101.6 . . . . . .
Percentage changes, not seasonally adjusted.        

Statistics

Further Information

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

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