Construction Cost Index for buildings, August 2022
Construction Cost Index rose by 13.8 percent in August on an annual basis
Statistical news from Statistics Sweden 2022-09-15 8.00
The Construction Cost Index for multi-dwelling buildings increased by 0.2 percent in August 2022 compared with July 2022. The annual rate of change in the Construction Cost Index was 13.8 percent in August, compared with the corresponding month in 2021, down from 14.6 percent in July.
In brief
- The annual changes for interest costs remained high.
- The annual changes for costs of electricity and diesel oil remained high.
- The annual changes for costs of reinforcement steel and iron and steel, including reinforcement steel remained high.
Index | Change in percent | |||
---|---|---|---|---|
August | July 2022– August 2022 |
August 2021– August 2022 |
||
Contractors' costs (82%) | 136.1 | 0.3 | 12.2 | |
Construction clients' costs (18%) | 141.1 | ‑0.2 | 21.3 | |
Total Construction cost index (100%) | 137.0 | 0.2 | 13.8 |
Construction Cost Index for multi-dwelling buildings, excl. wage drift and value-added tax.
The width of the bars represents the production factor’s weight share in percent in the calculation of the Construction Cost Index for multi-dwelling buildings. The height of the bars represents the average price development of each production factor.
Goods | Change in percent | ||
---|---|---|---|
July 2022– August 2022 |
August 2021– August 2022 |
||
Reinforcement steel | ‑3.7 | +45.2 | |
Iron and steel* | ‑1.9 | +31.4 | |
Floor material | +2.2 | +25.9 | |
Electric material | +5.2 | +23.5 | |
Other building materials** | ‑1.7 | +21.0 | |
Woodwork | +0.9 | +16.4 | |
Concrete products | ‑0.8 | +16.2 | |
White goods | +0.0 | +12.7 | |
Plumbing material | +3.6 | +11.6 | |
Material for painting | +1.6 | +9.0 | |
Wood products | ‑2.6 | +1.7 | |
Total building materials | +0.5 | +18.9 |
* Includes reinforcement steel. ** Includes materials for thermal insulation, garbage equipment, gypsum and wood-based boards.
Construction Cost Index for multi-dwelling buildings, excl. VAT
The width of the bars represents the construction material group’s weight share in percent of all construction material in the calculation of the Construction Cost Index for multi-dwelling buildings. The height of the bars represents the average price development of each product category.
Next publishing will be
2022-10-17 08:00.
Statistical Database
More information is available in the Statistical Database
Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.