Market forecast – Page 6
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Features
Tender price forecast
The ups and downs at a glance Current trendsup - Tender prices rose 2% over the past three months and 7.5% over the past yearup - Construction activity expanded for the 29th consecutive month in Juneup - Output in 2000 rose for a fifth consecutive year, reaching £69.53bn, or ...
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Features
Tender price forecast
The ups and downs at a glance Current trends A fall in tender prices of 0.5% last quarter ends the run of five successive rises Demand for labour has stabilised and supply is easing in most areas Construction output rose 1.5% last year and is 10% higher than ...
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Features
Tender price forecast
How the indices are calculated Mechanical cost indexThe MCI is based on labour rates agreed by the mechanical industry’s wage body, the JCCHVDEI, and materials prices from the Office for National Statistics. Electrical cost indexThe ECI is compiled from materials data from the Office for National Statistics and labour ...