The Building Cost Index compiled in the middle of January 2007 stood at 364.5 points (June 1987=100) and is 2.30% higher than in the previous month. The index applies to February.
Contractual wages in the building industry increased by 4.2% (effect on the index 1.8%).
In the last twelve months the BCI has risen by 12.1%.
| The Icelandic Building Cost Index 2006 - 2007 | |||||||
| Month of application July 1987=100 | |||||||
| Reference month June 1987=100 | Annualized rates | ||||||
| Monthly changes | Latest month, % | Latest 3 months, % | Latest 6 months, % | Latest 12 months, % | |||
| 2006 | |||||||
| February | 325.2 | 325.3 | 0.0 | 0.4 | 11.5 | 6.6 | 3.9 |
| March | 325.3 | 325.9 | 0.2 | 2.2 | 12.1 | 6.2 | 4.2 |
| April | 325.9 | 329.4 | 1.1 | 13.7 | 5.3 | 8.2 | 5.3 |
| May | 329.4 | 334.9 | 1.7 | 22.0 | 12.3 | 11.9 | 6.9 |
| June | 334.9 | 335.8 | 0.3 | 3.3 | 12.7 | 12.4 | 7.1 |
| July | 335.8 | 349.7 | 4.1 | 62.7 | 27.0 | 15.6 | 11.8 |
| August | 349.7 | 351.4 | 0.5 | 6.0 | 21.2 | 16.7 | 11.5 |
| September | 351.4 | 352.3 | 0.3 | 3.1 | 21.2 | 16.9 | 11.4 |
| October | 352.3 | 354.4 | 0.6 | 7.4 | 5.5 | 15.8 | 11.9 |
| November | 354.4 | 355.2 | 0.2 | 2.7 | 4.4 | 12.5 | 12.2 |
| December | 355.2 | 356.3 | 0.3 | 3.8 | 4.6 | 12.6 | 12.5 |
| Average | . | 341.3 | . | . | . | . | 8.6 |
| 2007 | |||||||
| January | 356.3 | 364.5 | 2.3 | 31.4 | 11.9 | 8.6 | 12.1 |
| February | 364.5 | . | . | . | . | . | . |
| Percentage changes, not seasonally adjusted. | |||||||
Statistics