The building cost index compiled in the middle of May 2013 is 118.2 points (December 2009=100), 0.3% lower than in the previous month. Prices of imported materials decreased by 1% explaining the decline in the index. The index applies to June 2013.

In the last twelve months the BCI has increased by 2.8%.

The Icelandic building cost index 2012-2013
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, %
 
2012
June 114.9 115.4 0.4 4.5 7.1 5.6 5.0
July 115.4 115.1 -0.2 -2.9 0.2 7.1 3.9
August 115.1 114.8 -0.3 -3.0 -0.5 3.2 3.9
September 114.8 115.2 0.3 3.9 -0.7 3.1 3.5
October 115.2 114.9 -0.2 -2.5 -0.6 -0.2 3.2
November 114.9 115.5 0.5 6.5 2.6 1.0 3.5
December 115.5 115.8 0.2 2.7 2.2 0.7 3.1
2013
January 115.8 116.0 0.2 2.5 3.9 1.6 4.4
February 116.0 118.7 2.3 31.6 11.5 6.9 5.1
March 118.7 118.7 0.0 -0.4 10.3 6.2 4.6
April 118.7 118.5 -0.1 -1.6 8.9 6.3 3.0
May 118.5 118.2 -0.3 -3.0 -1.7 4.7 2.8
June 118.2 . . . . . .

 

Statistics