The building cost index compiled in the middle of November 2019 is 146.4 points (December 2009=100), 0.1% higher than in the previous month. The prices of imported materials increased by 0.5% (effect on the index 0.1%). In the last twelve months the building cost index has increased by 3.4%. The index applies to December 2019.
The Icelandic building cost index 2018–2019 | |||||||
Month of application January 2010=100 | Reference month December 2009=100 | Monthly changes % | Annualized rates % | ||||
Latest month | Latest 3 months | Latest 6 months | Latest 12 months | ||||
2018 | |||||||
November | 141.0 | 141.6 | 0.5 | 5.9 | 5.1 | 3.7 | 4.0 |
December | 141.6 | 142.1 | 0.3 | 4.1 | 5.6 | 4.2 | 4.1 |
2019 | |||||||
January | 142.1 | 142.1 | 0.0 | -0.4 | 3.2 | 3.1 | 3.7 |
February | 142.1 | 142.4 | 0.2 | 3.0 | 2.2 | 3.6 | 4.0 |
March | 142.4 | 142.4 | 0.0 | -0.2 | 0.8 | 3.2 | 3.9 |
April | 142.4 | 142.7 | 0.2 | 2.4 | 1.7 | 2.4 | 3.9 |
May | 142.7 | 145.8 | 2.2 | 29.7 | 9.9 | 6.0 | 4.8 |
June | 145.8 | 146.1 | 0.2 | 2.3 | 10.8 | 5.7 | 4.9 |
July | 146.1 | 146.4 | 0.2 | 2.4 | 10.7 | 6.1 | 4.6 |
August | 146.4 | 146.3 | -0.1 | -0.7 | 1.3 | 5.5 | 4.6 |
September | 146.3 | 146.3 | 0.0 | 0.5 | 0.7 | 5.6 | 4.4 |
October | 146.3 | 146.3 | 0.0 | -0.3 | -0.2 | 5.2 | 3.8 |
November | 146.3 | 146.4 | 0.1 | 1.3 | 0.5 | 0.9 | 3.4 |
December | 146.4 | . | . | . | . | . | . |