Costs of civil engineering in Finland climb 8.1 per cent as machinery and bitumen turn dearer

Country Focus Economy Economy & Banking Infrastructure & Transport Reports & Indices

Costs of civil engineering in Finland climb 8.1 per cent as machinery and bitumen turn dearer

23 October 2026

Statistics Finland has reported that the costs of civil engineering rose by 8.1 per cent year-on-year. Among sub-indices, the rise ranged from 11.6 per cent for surfacing to 4.7 per cent for concrete structures. Costs of own machinery rose the most among cost factors, by 23.1 per cent. Bitumens and plastic products rose 24.9 per cent, the largest increase among materials. Timber was the only material whose price fell, by 0.6 per cent.

Rise in civil engineering costs: 8.1 per cent Costs of own machinery: 23.1 per cent Bitumens and plastic products: 24.9 per cent Fall in timber prices: 0.6 per cent

Why it matters for exams: Cost indices are a standard tool of official statistics, and questions ask which office compiles them and what they track.

UPSCBank

23 October 2026 Source: Statistics Finland

In plain words

Civil engineering Construction of roads, bridges, water works and similar structures — Building work other than houses and buildings, such as roads, bridges and pipelines.

Bitumen A thick petroleum product used in road surfacing — The black binder mixed with stone to make road surfaces.