Building cost index, subindices by input categories from 2010
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Information

Unit
Index, ratio
Latest update
10/20/2017
Reference time
2010-
Creation date
7/1/2005
Matrix
VIS03303
Footnotes

Footnotes

Base January 2010=100.
Year
2010
A programming error caused a deviation in the Building Cost Index in 2010. A recalculated time series is available on the BCI webpage.
2011
A programming error caused a deviation in the Building Cost Index until April 2011 by month of application. A recalculated time series is available on the BCI webpage.
2012
Increase in the subindex for machines, transportation and energy in May 2012 is due to increased distance to the disposition site for excavated soil for the capital area. The site was relocated from Hólmsheiði to Bolaöldur in March 2012.
Indices and changes
Breakdown
Ratio to 10000.
Category
Material cost domestic
Products made in Iceland, including precast concrete products, regardless of the origin of raw materials used to make the products.
Labour cost
Work done at the construction site. Calculations account for value added tax refunds in accordance with laws in effect in each time period.