Construction costs rose in Finland in July
According to the latest data from Statistics Finland, construction costs in Finland have turned upward. In July 2026, construction costs increased by 3.3 percent compared to the same period the previous year.
The rise in costs means that building new homes and other structures is currently more expensive than it was a year ago. Statistics Finland uses the building cost index to track how the prices of labor, materials, and other factors related to construction change over time.
The construction industry has been in a challenging situation recently, and the rise in costs directly affects both construction companies and consumers. Higher costs may be reflected, for example, in the prices of new homes or in delays to construction projects.
Statistics Finland publishes the building cost index regularly so that market developments can be monitored closely. The coming months will show whether the rise in costs continues at the same level or if the situation in the construction industry stabilizes.