Building costs

1. Input price index for new residential construction
The development in building costs of new residential construction is determined on the basis of the input price index for these new homes. This index follows price developments of wages and material. The series is calculated on the basis of price changes of the factor labour in construction (collective wage agreements) and a package of construction materials used in residential construction.

2. Price index for civil engineering construction
The development in building costs of civil engineering construction is determined on the basis of the price indices for civil engineering construction. These follow price developments of wages and material and equipment. The series is calculated on the basis of price changes of the factor labour in construction (collective wage agreements) and a package of construction materials and equipment used in civil engineering construction.

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