The building cost index compiled in the middle of April 2019 is 142.7 points (December 2009=100), 0.2% higher than in the previous month. Price of imported material increased by 0.5% (effect on the index 0.1%). Price of machines, transportation and energy increased by 0.8% (effect on the index 0.1%). In the last twelve months the building cost index has increased by 3.9%. The index applies to May 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 | |||||||
| April | 137,0 | 137,4 | 0,3 | 3,2 | 1,2 | 2,4 | 5,6 |
| May | 137,4 | 139,1 | 1,2 | 15,9 | 6,5 | 4,4 | 5,7 |
| June | 139,1 | 139,2 | 0,1 | 1,3 | 6,6 | 4,1 | 5,8 |
| July | 139,2 | 139,9 | 0,5 | 5,9 | 7,5 | 4,3 | 5,5 |
| August | 139,9 | 139,9 | 0,0 | -0,1 | 2,3 | 4,4 | 5,2 |
| September | 139,9 | 140,2 | 0,2 | 2,5 | 2,8 | 4,7 | 3,8 |
| October | 140,2 | 141,0 | 0,6 | 6,9 | 3,1 | 5,3 | 3,8 |
| November | 141,0 | 141,6 | 0,5 | 5,9 | 5,1 | 3,7 | 4,0 |
| December | 141,6 | 142,1 | 0,3 | 4,1 | 5,6 | 4,2 | 4,1 |
| 2019 | |||||||
| January | 142,1 | 142,1 | 0,0 | -0,4 | 3,2 | 3,1 | 3,7 |
| February | 142,1 | 142,4 | 0,2 | 3,0 | 2,2 | 3,6 | 4,0 |
| March | 142,4 | 142,4 | 0 | -0,2 | 0,8 | 3,2 | 3,9 |
| April | 142,4 | 142,7 | 0,2 | 2,4 | 1,7 | 2,4 | 3,9 |
| May | 142,7 | . | . | . | . | . | . |