Finland July Building Costs Decline Further

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Wednesday, the Statistics Finland said in a report that the building cost index dropped 1.9% year-over-year in July, compared to the 1.7% fall in the previous month.

On a monthly basis, building costs remained unchanged in July, after falling 0.2% in June.

Meanwhile, labor costs in construction rose 2.7% annually in July. At the same time, the materials costs fell 3.1% and other inputs costs declined 6.7%.

Wednesday, the Statistics Finland said in a report that the building cost index dropped 1.9% year-over-year in July, compared to the 1.7% fall in the previous month. (Market News Provided by RTTNews)