G&T the latest to pare back tender price rise prediction

By Daniel Gayne2023-01-19T11:06:00

Inflation set to diverge across sectors, adds consultant

Tender prices for construction will be slightly lower than previously expected in 2023 but will diverge substantially across sectors and project types, according to Gardiner & Theobald.

The consultant is forecasting tender price inflation of 2.75% for the year, slightly down from the 3% it predicted at the end of last year.

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