Tuesday, a report by the Statistics Finland said building costs fell 0.7% year-on-year in April.

During the month, material prices dropped 2.2% on an annual basis, while other input prices fell 4.3%. However, labor costs were up 3.9%.

Month-on-month, building costs were down 0.4% in April, reflecting a 1% fall in labor costs and a 0.1% decline in material prices. However, other input prices remained flat in the month.

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