The building cost index compiled in the middle of November 2014 is 120.8 points (December 2009=100), 0.2% higher than in the previous month. Prices of domestic materials increased by 0.3% (effect on the index 0.1%) and imported materials along with machine work, transportation and energy increased by 0.6% (0.1%) The index applies to December 2014.
In the last twelve months the BCI has increased by 1.3%.
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
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
120.8
0.2
2.3
-0.1
0.4
1.3
December
120.8
.
.
.
.
.
.
Statistics