The building cost index compiled in the middle of October 2014 is 120.6 points (December 2009=100), 0.1% higher than in the previous month. Prices of domestic materials increased by 0.3% which explains the change in the index. Other subindices had negligible effect. The index applies to November 2014.

In the last twelve months the BCI has increased by 1.4%.

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
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 118.9 120.0 0.9 11.9 3.3 2.2 1.1
April 120.0 120.0 0.0 -0.2 3.5 1.7 1.2
May 120.0 120.6 0.5 6.3 5.9 2.1 2.0
June 120.6 120.7 0.1 1.0 2.3 2.8 1.6
July 120.7 120.7 0.0 0.3 2.5 3.0 1.7
August 120.7 120.8 0.1 1.4 0.9 3.4 1.9
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 1.0 1.4
November 120.6 . . . . . .

 

Statistics