The building cost index compiled in the middle of February 2014 is 118.9 points (December 2009=100), which is unchanged from the previous month. Prices of imported materials decreased by 0.5% (effect on the index -0.1%) while cost of machine work, transportation and energy rose by 0.8% (0.1%). The index applies to March 2014.

In the last twelve months the BCI has increased by 0.1%.

The Icelandic building cost index 2013-2014
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, %
 
2013
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 118.2 118.7 0.4 5.3 0.2 5.1 2.9
July 118.7 118.7 -0.1 -0.7 0.5 4.6 3.1
August 118.7 118.6 -0.1 -1.1 1.1 -0.3 3.3
September 118.6 118.7 0.1 1.4 -0.1 0.0 3.1
October 118.7 119.0 0.2 2.8 1.0 0.7 3.5
November 119.0 119.3 0.3 3.4 2.5 1.8 3.3
December 119.3 119.0 -0.3 -3.0 1.0 0.4 2.8
2014
January 119.0 118.9 -0.1 -0.8 -0.2 0.4 2.5
February 118.9 118.9 0.0 -0.6 -1.5 0.5 0.1
March 118.9 . . . . . .

Statistics