The building cost index compiled in the middle of October 2014 is 120.6 points (December 2009=100), 0.1% higher than in the previous month. Prices of domestic materials increased by 0.3% which explains the change in the index. Other subindices had negligible effect. The index applies to November 2014.
In the last twelve months the BCI has increased by 1.4%.
| The Icelandic building cost index 2013-2014 | |||||||
| Month of application January 2010=100 | Reference month December 2009=100 | ||||||
| Annualized rates | |||||||
| Monthly changes | Latest month, % | Latest 3 months, % | Latest 6 months, % | Latest 12 months, % | |||
| 2013 | |||||||
| November | 119.0 | 119.3 | 0.3 | 3.4 | 2.5 | 1.8 | 3.3 |
| December | 119.3 | 119.0 | -0.3 | -3.0 | 1.0 | 0.4 | 2.8 |
| 2014 | |||||||
| January | 119.0 | 118.9 | -0.1 | -0.8 | -0.2 | 0.4 | 2.5 |
| February | 118.9 | 118.9 | 0.0 | -0.6 | -1.5 | 0.5 | 0.1 |
| March | 118.9 | 120.0 | 0.9 | 11.9 | 3.3 | 2.2 | 1.1 |
| April | 120.0 | 120.0 | 0.0 | -0.2 | 3.5 | 1.7 | 1.2 |
| May | 120.0 | 120.6 | 0.5 | 6.3 | 5.9 | 2.1 | 2.0 |
| June | 120.6 | 120.7 | 0.1 | 1.0 | 2.3 | 2.8 | 1.6 |
| July | 120.7 | 120.7 | 0.0 | 0.3 | 2.5 | 3.0 | 1.7 |
| August | 120.7 | 120.8 | 0.1 | 1.4 | 0.9 | 3.4 | 1.9 |
| September | 120.8 | 120.5 | -0.3 | -3.7 | -0.7 | 0.8 | 1.5 |
| October | 120.5 | 120.6 | 0.1 | 1.2 | -0.4 | 1.0 | 1.4 |
| November | 120.6 | . | . | . | . | . | . |