The building cost index compiled in the middle of October 2013 is 119.0 points (December 2009=100), 0.2% higher than in the previous month.

Prices of imported materials rose by 0.7% explaining the increase in the index. The index applies to November 2013.

In the last twelve months the BCI has increased by 3.5%.

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
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 118.2 118.7 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 . . . . . .

Statistics