Market forecast: Demand is set to rise as the economy stabilises

shutterstock_773658739

Demand is set to strengthen as economic stability stimulates a recovery in private sector investment, but contractor capacity is depleted and risk aversion elevated

01 / Summary

Tender price index â–²

Tender prices rose by nearly 1% in Q3, according to Aecom’s tender price index, and the rate of inflation is forecast to accelerate modestly from the fourth quarter in response to rising delivery costs and strengthening demand.

ºÃÉ«ÏÈÉúTV cost index â–²

Costs rose by 1.8% in Q3 as shortages of skilled labour continued to fuel wage inflation. Materials prices broadly stabilised but trends vary widely across product groups.

Consumer prices index â–²

The headline annual rate of consumer price inflation rose to 2.2% in July, up from 2.0% in June. Core and services inflation rates continued to moderate, and the price of goods contracted marginally.

Read more …

This is PREMIUM content, available to subscribers only

You are not currently logged in. Subscribers may LOGIN here.

to access this story

Gated access promo


A subscription will provide access to the latest industry news, expert analysis & comment from industry leaders,  data and research - including our popular annual league tables. You will receive:

  • Print/digital issues delivered to your door/inbox
  • Unlimited access to building.co.uk including our archive
  • Print/digital supplements
  • ºÃÉ«ÏÈÉúTVletters - unlimited access to the stories behind the headlines

now 

 

Get access to premium content