The building cost index compiled in the middle of November 2019 is 146.4 points (December 2009=100), 0.1% higher than in the previous month. The prices of imported materials increased by 0.5% (effect on the index 0.1%). In the last twelve months the building cost index has increased by 3.4%. The index applies to December 2019.

The Icelandic building cost index 2018–2019
  Month of application January 2010=100 Reference month December 2009=100 Monthly changes % Annualized rates %
Latest month Latest 3 months Latest 6 months Latest 12 months
2018
November141.0 141.6 0.5 5.9 5.1 3.7 4.0
December141.6 142.1 0.3 4.1 5.6 4.2 4.1
2019
January142.1 142.1 0.0 -0.4 3.2 3.1 3.7
February142.1 142.4 0.2 3.0 2.2 3.6 4.0
March142.4 142.4 0.0 -0.2 0.8 3.2 3.9
April142.4 142.7 0.2 2.4 1.7 2.4 3.9
May142.7 145.8 2.2 29.7 9.9 6.0 4.8
June145.8 146.1 0.2 2.3 10.8 5.7 4.9
July146.1 146.4 0.2 2.4 10.7 6.1 4.6
August146.4 146.3 -0.1 -0.7 1.3 5.5 4.6
September146.3 146.3 0.0 0.5 0.7 5.6 4.4
October146.3 146.3 0.0 -0.3 -0.2 5.2 3.8
November146.3 146.4 0.1 1.3 0.5 0.9 3.4
December146.4 . . . . . .

Statistics