The building cost index compiled in the middle of February 2019 is 142.4 points (December 2009=100), 0.2% higher than in the previous month. Price of imported material increased by 1.2% (effect on the index 0.2%). In the last twelve months the building cost index has increased by 4.0%. The index applies to March 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 | |||||||
February | 137.0 | 136.9 | 0.0 | -0.5 | 2.3 | 5.9 | 5.1 |
March | 136.9 | 137.0 | 0.1 | 1.0 | 1.7 | 2.9 | 5.4 |
April | 137.0 | 137.4 | 0.3 | 3.2 | 1.2 | 2.4 | 5.6 |
May | 137.4 | 139.1 | 1.2 | 15.9 | 6.5 | 4.4 | 5.7 |
June | 139.1 | 139.2 | 0.1 | 1.3 | 6.6 | 4.1 | 5.8 |
July | 139.2 | 139.9 | 0.5 | 5.9 | 7.5 | 4.3 | 5.5 |
August | 139.9 | 139.9 | 0.0 | -0.1 | 2.3 | 4.4 | 5.2 |
September | 139.9 | 140.2 | 0.2 | 2.5 | 2.8 | 4.7 | 3.8 |
October | 140.2 | 141.0 | 0.6 | 6.9 | 3.1 | 5.3 | 3.8 |
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 | . | . | . | . | . | . |