The building cost index compiled in the middle of September 2015 is 127.8 points (December 2009=100), 0.1% lower than in the previous month.

The price decrease is primarily due to an 1.2% decrease in imported material between months (effect on the index -0.3%). In the last twelve months the BCI has increased by 6.1%. The index applies to October 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              
September 120.8 120.5 -0.3 -3.7 -0.7 0.8 1.5
October 120.5 120.6 0.1 1.2 -0.4 1 1.4
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 . . . . . .

 

Statistics