Market forecast Q2 2019: Slowing down


All construction work output experienced a fillip in Q1 2019, while tender prices increased over the year at Q2 2019

01 / Summary

Tender price index ▲

Tender prices increased by 4.1% over the year at Q2 2019. This marks the 24th consecutive quarter of tender price inflation growth.

Building cost index ▲

A composite measure of building input costs recorded a 4% yearly rate of change in Q2 2019. Rising input costs continue to impact supply chain profitability. 

Consumer prices index ▲

The annual rate of change remained at 2% in June 2019. As it is at its target rate, the Bank of England is less likely to change the bank rate, unless more economic stress arrives for the UK.

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