NEWS RELEASE INDUSTRY 21 SEPTEMBER 2007

The Building Cost Index compiled in the middle of September 2007 stood at 376.9 points (June 1987=100) and is 0.45% higher than in the previous month. The index applies to October.

In the last twelve months the BCI has risen by 7.0%.

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
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 364.5 368.2 1.0 12.9 15.5 9.8 13.2
March 368.2 369.0 0.2 2.6 15.0 9.7 13.2
April 369.0 370.3 0.4 4.3 6.5 9.2 12.4
May 370.3 370.2 0.0 -0.3 2.2 8.6 10.5
June 370.2 370.9 0.2 2.3 2.1 8.4 10.5
July 370.9 372.0 0.3 3.6 1.8 4.2 6.4
August 372.0 375.2 0.9 10.8 5.5 3.8 6.8
September 375.2 376.9 0.5 5.6 6.6 4.3 7.0
October 376.9 . . . . . .
Percentage changes, not seasonally adjusted.

Statistics

Further Information

For further information please contact 528 1100 , email upplysingar@hagstofa.is

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