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Wednesday24 May 2017

Cost updates

This data is a quarterly analysis of construction costs and prices.

Analysis by Davis Langdon looks at the impact on construction of changes in the costs of raw materials, building materials and wages.

The indices on the right track the costs of construction work across various sectors and incorporate wage agreements and changes in materials prices.

Cost update

cost-update-index

Cost update Q4 2016

14 Mar 17

The fall in the value of sterling has caused building costs and consumer prices to rise, while manufacturing input has taken a hard hit in the last year

Exchange rates

Cost update Q3 2016

8 Dec 16

Building costs rose overall, with materials cost inflation increasingly contributing to this - labour costs are rising too but at a lower rate

Metals prices

Cost update Q2 2016

15 Sep 16

Labour cost inflation continues to be the prime driver for an overall rise in building costs, but increased material costs are also playing their part

RSS feed for Previous cost updates

Previous cost updates

Metals prices

Cost update Q1 2016

14 Jun 16

Labour cost inflation remains the primary culprit for a continued rise to building costs, but the rate at which materials costs are growing is still moderate

Economics-002

Cost update Q3 2015

27 Nov 15

Labour prices continue to be the main driver behind cost inflation in the third quarter of the year

AECOM indices

Cost update Q1 2015

27 May 15

The consumer price inflation rate dips into negative territory on a single-month basis for the first time in recorded history

Aecom Indices

Cost update Q3 2014

27 Nov 14

Construction output rises 3.5% year-on-year, with new housing construction still a prominent reason for increases in output and materials price inflation

Aecom indices

Cost update Q1 2014

28 May 14

New housing construction is primary reason for total construction increase since Q3 2013. Total employment figures increase year-on-year

Aecom graph

Cost update Q3 2013

26 Nov 13

Construction output has a way to go to get back to pre-recession levels; materials prices aren’t going anywhere fast and steel is in free fall.

cost update

Cost update Q1 2013

30 May 13

Building costs rose in the first quarter, but consumer inflation is falling, metal prices are sliding and manufactured goods are slowing down. Peter Fordham of Davis Langdon, an Aecom company reports

graph

Cost update Q3 2012

23 November 2012

Construction input costs are down and output prices are flat, while some workers have negotiated small wages increases for 2013

cost update

Cost update: Q1 2012

25 May 2012

Despite the unexpected surge in consumer prices in March, construction inflation is continuing to slow. Peter Fordham of Davis Langdon, an Aecom company, reports

Davis Langdon indices

Cost update Q3 2011

25 November 2011

Never a dull moment: average earnings have improved but inflation is still at a 15-year high, and industrial relations remain tense. Peter Fordham of Davis Langdon, an Aecom company, reports

Metal-prices

Cost update Q4 2015

15 Mar 16

Labour costs continue to be the primary driver of building cost inflation in last year’s final quarter, with a mixed picture still for building materials

AECOM indices

Cost update Q2 2015

25 Aug 15 | Updated: 25 Aug 15

Materials cost inflation falls again but construction weekly earnings continue to outperform those of the wider economy

Cost update indices 270215

Cost update Q4 2014

27 Feb 15

Construction output rose 5.5% over 2014, but construction materials and consumer price inflation have both slowed.

Aecom indices

Cost update: Q2 2014

27 Aug 14

Construction output recorded no change compared with the last quarter, while new housing construction is the primary reason for rises in new work output

cost update Q4 2014

Cost update Q4 2013

25 Feb 14

Construction output has a way to go to get back to pre-recession levels; materials prices aren’t going anywhere fast and steel is in free fall.

index

Cost update Q2 2013

29 Aug 13

The annual building cost index continues to rise, with wages going up slightly. However, metal prices are generally falling. David Holmes of Davis Langdon, an Aecom company, reports

graph

Cost update Q4 2012

28 Feb 13

Building costs rose at the end of the year due largely to a change in holiday pay rules, but material prices remain steady. Peter Fordham of Davis Langdon, an Aecom company reports

Cost update

Cost update Q2 2012

24 August 2012

Construction inflation is continuing to fall across the board in the second quarter while many wage agreements remain frozen. Peter Fordham of Davis Langdon, an Aecom company, reports

Davis Langdon graph

Cost update: Q4 2011

24 February 2012

The downward trend in last month’s consumer inflation figures is reflected in falling material prices and a slowdown in construction costs. Peter Fordham of David Langdon, an Aecom company, reports

costupdate

Cost update: Q2 2011

26 August 2011

Everything’s on the up - input costs, inflation and, more positively, building operatives’ wages and construction earnings. Peter Fordham of Davis Langdon, an Aecom company, reports

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