The building cost index compiled in the middle of April 2017 is 130.1 points (December 2009=100), 0.1% higher than in the previous month.
Prices of imported materials increased by 0.4% from last month (effect on the index 0.1%). In the last twelve months the BCI has decreased by 0.6%. The index applies to May 2017.
| The Icelandic building cost index 2016-2017 | |||||||
| 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, % | |||
| 2016 | |||||||
| May | 130,8 | 131,8 | 0,7 | 9,0 | 12,4 | 5,8 | 7,0 |
| June | 131,8 | 131,9 | 0,1 | 1,4 | 11,6 | 5,9 | 6,6 |
| July | 131,9 | 131,6 | -0,2 | -2,9 | 2,4 | 5,8 | 2,9 |
| August | 131,6 | 131,6 | 0,0 | -0,4 | -0,7 | 5,6 | 2,8 |
| September | 131,6 | 131,2 | -0,3 | -3,4 | -2,3 | 4,4 | 2,6 |
| October | 131,2 | 130,8 | -0,3 | -3,6 | -2,5 | -0,1 | 2,2 |
| November | 130,8 | 130,2 | -0,4 | -4,8 | -4,0 | -2,3 | 1,6 |
| December | 130,2 | 130,2 | 0,0 | -0,4 | -3,0 | -2,6 | 1,5 |
| 2017 | |||||||
| January | 130,2 | 130,3 | 0,1 | 1,2 | -1,4 | -1,9 | 1,9 |
| February | 130,3 | 130,3 | 0,0 | -0,4 | 0,1 | -1,9 | 1,8 |
| 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 | . | . | . | . | . | . |