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Cost update

By: Language: English Series: Building ; 272(8509) 7 December 2007, 62-64(3)Publication details: 2007Subject(s): Summary: Reports that increases in materials prices are easing in the second half of 2007, although there is still strong demand for timber and steel. The building cost index indicates that inflation remains above 5%, although the index has been gradually dropping over the past year. While construction wages have increased, they remain below the national average.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article L141722 (Browse shelf(Opens below)) 1 Available 141722-1001

Reports that increases in materials prices are easing in the second half of 2007, although there is still strong demand for timber and steel. The building cost index indicates that inflation remains above 5%, although the index has been gradually dropping over the past year. While construction wages have increased, they remain below the national average.