Tender prices heading towards deflation, Arcadis warns

By Tom Lowe2020-07-23T05:00:00

Source: Shutterstock / IR Stone

Covid sending numbers into negative territory

A sluggish recovery from the covid-19 crisis is edging tender prices across the UK closer to deflation, Arcadis has warned.

The consultant has downgraded its tender price forecast for 2020 to -4% in London and -3% in the regions in its latest quarterly analysis of the UK construction market.

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