The building cost index compiled in the middle of June 2012 is 115.4 points (December 2009=100), 0.4% higher than in the previous month. Prices of imported materials increased by 1.0% (effect on the index 0.3%).

In the last twelve months the BCI has increased by 5.0%.

The Icelandic building cost index 2011-2012
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, %
 
2011
July 109.9 110.8 0.8 10.1 16.2 19.3 8.4
August 110.8 110.5 -0.2 -2.7 12.1 18.4 7.8
September 110.5 111.3 0.7 8.8 5.2 17.9 8.1
October 111.3 111.4 0.1 1.1 2.3 9.0 10.4
November 111.4 111.6 0.2 2.2 4.0 8.0 10.7
December 111.6 112.3 0.6 7.4 3.5 4.4 11.4
2012
January 112.3 111.2 -1 -10.9 -0.7 0.8 9.6
February 111.2 113 1.6 21.2 5 4.5 11.2
March 113.0 113.4 0.4 4.7 4.2 3.8 10.6
April 113.4 115.0 1.4 18.4 14.5 6.6 7.8
May 115.0 114.9 -0.1 -0.8 7.1 6.1 7.0
June 114.9 115.4 0.4 4.5 7.1 5.6 5.0
July 115.4 . . . . . .

Statistics