Building costs increase by 2.1% in May

Building costs rose by 2.1 per cent in May 2018 compared with the previous year's May, according to Statistics Finland.

The prices of materials went up by 2.8 per cent, those of services by 1.6 per cent and those of labour inputs by 1.3 per cent compared with May 2017.

From April to May, the total index of building costs rose by 0.6 per cent. The prices of labour inputs went up by 0.8 per cent over the month and the prices of materials by 0.6 per cent.

The prices of services remained unchanged from the previous month.