Tender price forecast | Features | Building

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Indices		1994				1995				1996				1997				1998				1999				2000
Tender price index	Max Min	239	247	266	256	258	265	266	270	265	262	270	270	275	287	284	287	305	312	318	318*	324 316	326 318	331 322	334 324	336 326	339 328	343 332	346 335
Inflation year on year (%)	Max Min	5.3	2.1	14.2	7.1	7.9	7.3	0.0	5.5	2.7	–1.1	1.5	0.0	3.8	9.5	5.2	6.3	10.9	8.7	12.0	10.8*	6.2 3.6	4.5 1.9	4.1 1.3	5.0 1.9	5.0 1.9	5.3 1.9	5.1 1.7	5.2 1.8
Building cost index		376	379	385	388	392	397	407	407	407	408	414	414	416	417	423	429	430	431	448*	449*	449	449	473	474	475	476	496	498
Inflation year on year (%)		1.6	2.2	3.2	3.7	4.3	4.7	5.7	4.9	3.8	2.8	1.7	1.7	2.2	2.2	2.2	3.6	3.4	3.4	5.9*	4.7*	4.4	4.2	5.6	5.6	5.8	6	4.9	5.1
Mechanical cost index		341	342	345	350	357	358	360	365	364	361	357	359	361	356	357	363	365	363	368*	373*	374	374	382	388	389	391	397	402
Inflation year on year (%)		2.4	2.4	2.7	3.6	4.7	4.7	4.3	4.3	2.0	0.8	–0.8	–1.6	–0.8	–1.4	0.0	1.1	1.1	2.0	3.1*	2.8*	2.5	3.0	3.8	4.0	4.0	4.5	3.9	3.6
Electrical cost index		380	381	383	389	397	397	398	399	407	404	401	402	411	411	411	411	410	424	423*	422*	435	434	435	435	449	450	451	451
Inflation year on year (%)		1.9	1.1	1.3	2.9	4.5	4.2	3.9	2.6	2.5	1.8	0.8	0.8	1.0	1.7	2.5	2.2	–0.2	3.2	2.9*	2.7*	6.1	2.4	2.8	3.1	3.2	3.7	3.7	3.7
Retail price index		356	362	363	365	368	375	376	376	378	383	384	386	389	394	397	401	402	409	411	412*	413	420	421	423	424	430	432	434
Inflation year on year (%)		2.3	2.5	2.5	2.5	3.4	3.6	3.6	3.0	2.7	2.1	2.1	2.7	2.9	2.9	3.4	3.9	3.3	3.8	3.5	2.7*	2.7	2.7	2.4	2.7	2.7	2.4	2.6	2.6

Regional tender price rises (%)
	3Q97-3Q98	3Q98-3Q99
Scotland	5	4.0
North	6	3.5
North-west	7	4.0
Yorkshire and Humberside	6	3.5
West Midlands	6	3.5
East Midlands	6	3.5
East Anglia	7	4.0
South-west	7	3.5
Greater London	11	3.5
South-east	9	3.0
Wales	6	3.5
National average	7.5	3.5