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Tender prices to exceed inflation

Series: RICS Press Release ; (pr129) 8 October 2001, (2)Publication details: 2001Subject(s): Summary: The latest BCIS tender price index shows that tender prices from building contractors increased by 7.6% between 2Q 2000 and 2Q 2001, compared with a 1.7% increase in general inflation. Tender prices are set to continue rising faster than inflation over the next two years.

The latest BCIS tender price index shows that tender prices from building contractors increased by 7.6% between 2Q 2000 and 2Q 2001, compared with a 1.7% increase in general inflation. Tender prices are set to continue rising faster than inflation over the next two years.