Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Building costs are falling

» Updated: 16 September 2024, 21:46

» Published: 16 September 2024

Building costs are falling
Photo: Janerik Henriksson/TT

The building cost index for multi-dwelling buildings fell by 0.1 percent in August compared to the previous month, according to the Statistics Sweden (SCB). Compared to August 2023, the index rose by 1.2 percent – the lowest price increase rate in a year since October 2020.

It is primarily the so-called client costs that are pulling down, according to SCB. They fell by 1.7 percent in August compared to July. Meanwhile, the contractors' costs are rising, up 0.4 percent compared to July.

The costs for diesel oil fell by 3.2 percent compared to the previous month and were 26.9 percent below the price level in August 2023. Transport and electricity costs also fell.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Large Debt Relief Package in China Fails to Impress
3 MIN READ

Large Debt Relief Package in China Fails to Impress

Households bought less in September
1 MIN READ

Households bought less in September

Industrial Giants Weigh Down the Sluggish Stock Market
2 MIN READ

Industrial Giants Weigh Down the Sluggish Stock Market

Significant Price Increase on the Housing Market
2 MIN READ

Significant Price Increase on the Housing Market

Mixed on Asian Exchanges
1 MIN READ

Mixed on Asian Exchanges

Christmas Sales Expected to Break Records
2 MIN READ

Christmas Sales Expected to Break Records

Still Happy Faces on Wall Street
1 MIN READ

Still Happy Faces on Wall Street

Trump in focus after expected Fed decision
2 MIN READ

Trump in focus after expected Fed decision

Divided on softer amortization requirements
2 MIN READ

Divided on softer amortization requirements

How much the banks lower the mortgage rate
1 MIN READ

How much the banks lower the mortgage rate

Higher costs hit SAS owner
1 MIN READ

Higher costs hit SAS owner

The Union Steps Up the Tesla Strike
1 MIN READ

The Union Steps Up the Tesla Strike

New French obstacles for Airbnb
1 MIN READ

New French obstacles for Airbnb

The Government Seeks Support for Those Affected by Northvolt
1 MIN READ

The Government Seeks Support for Those Affected by Northvolt

The regional tax will be raised next year
1 MIN READ

The regional tax will be raised next year

Astra Zeneca's China Chief Arrested by Police
1 MIN READ

Astra Zeneca's China Chief Arrested by Police

More rate cuts - but risk of turmoil with Trump
2 MIN READ

More rate cuts - but risk of turmoil with Trump

Svantesson: Trump's policy may increase inflation
2 MIN READ

Svantesson: Trump's policy may increase inflation

Major Banks Lower Mortgage Rates
1 MIN READ

Major Banks Lower Mortgage Rates

Central Bank Economist: Central Bank Cuts Interest Rate Too Late
2 MIN READ

Central Bank Economist: Central Bank Cuts Interest Rate Too Late