The building cost index compiled in the middle of February 2018 is 136.9 points (December 2009=100), and has decreased slightly from previous month.
Prices of imported materials declined by 0.4% from last month (effect on the index -0.1%). In the last twelve months the BCI has increased by 5.1%. The index applies to March 2018.
The Icelandic building cost index 2017–2018 | |||||||
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, % | |||
2017 | |||||||
March | 130.3 | 130.0 | -0.2 | -2.5 | -0.6 | -1.8 | 1.3 |
April | 130.0 | 130.1 | 0.1 | 0.9 | -0.7 | -1.0 | -0.6 |
May | 130.1 | 131.6 | 1.2 | 15.0 | 4.2 | 2.1 | -0.1 |
June | 131.6 | 131.6 | 0.0 | -0.4 | 4.9 | 2.1 | -0.3 |
July | 131.6 | 132.6 | 0.8 | 9.6 | 7.9 | 3.5 | 0.7 |
August | 132.6 | 133.0 | 0.3 | 4.1 | 4.4 | 4.3 | 1.1 |
September | 133.0 | 135.1 | 1.5 | 20.1 | 11.1 | 8.0 | 3.0 |
October | 135.1 | 135.8 | 0.5 | 6.2 | 9.9 | 8.9 | 3.8 |
November | 135.8 | 136.1 | 0.3 | 3.2 | 9.6 | 7.0 | 4.5 |
December | 136.1 | 136.5 | 0.2 | 3.0 | 4.1 | 7.6 | 4.8 |
2018 | |||||||
January | 136.5 | 137.0 | 0.4 | 4.5 | 3.6 | 6.7 | 5.1 |
February | 137.0 | 136.9 | 0.0 | -0.5 | 2.3 | 5.9 | 5.1 |
March | 136.9 | . | . | . | . | . | . |