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Keep up to dateTotal construction output: year-on-year change (%) | |||
1998 | 1999 | 2000 | |
Actual | 1.6 | – | – |
Forecasts | |||
ºÚ¶´ÉçÇø Material Producers) (December 1998 | 1.5 | 0.5 | 1.5 |
Construction Forecasting and Research) (January 1999 | 1.7 | 1.3 | 2.2 |
Cambridge Econometrics) (January 1999 | 0.9 | –1.5 | 0.5 |
Regional tender price rises (%) | ||
1Q98-1Q99 | 1Q99-1Q00 | |
Scotland | 4.5 | 5 |
North | 5 | 4 |
North-west | 6 | 5 |
Yorkshire and Humberside | 6 | 4 |
West Midlands | 5 | 4 |
East Midlands | 5 | 4 |
East Anglia | 5 | 4 |
South-west | 5 | 4 |
Greater London | 6 | 4 |
South-east | 6 | 5 |
Wales | 4 | 4 |
National average | 5.5 | 4.5 |
Movement of tender prices and construction costs against general inflation | |||||||||||||||||||||||||||||
Indices | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | |||||||||||||||||||||
Tender price index | Max Min | 247 | 266 | 256 | 258 | 265 | 266 | 270 | 265 | 262 | 270 | 270 | 275 | 287 | 284 | 287 | 305 | 312 | 318 | 318 | 323* | 329 323 | 334 326 | 337 329 | 341 331 | 344 333 | 349 337 | 352 339 | 355 342 |
Inflation year on year (%) | Max Min | 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 | 5.9* | 5.4 3.5 | 5.0 2.5 | 6.0 3.5 | 5.6 2.5 | 5.5 2.1 | 5.8 2.1 | 5.7 1.8 | 5.7 1.8 |
ºÚ¶´ÉçÇø cost index | 379 | 385 | 388 | 392 | 397 | 407 | 407 | 407 | 408 | 414 | 414 | 416 | 417 | 423 | 429 | 430 | 431 | 448 | 447* | 446* | 444 | 468 | 469 | 470 | 472 | 488 | 489 | 490 | |
Inflation year on year (%) | 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 | 4.2* | 3.7* | 3.0 | 4.5 | 4.9 | 5.4 | 6.3 | 4.3 | 4.3 | 4.3 | |
Mechanical cost index | 342 | 345 | 350 | 357 | 358 | 360 | 365 | 364 | 361 | 357 | 359 | 361 | 356 | 357 | 363 | 365 | 363 | 368 | 373* | 372* | 372 | 380 | 385 | 387 | 388 | 395 | 400 | 401 | |
Inflation year on year (%) | 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* | 1.9* | 2.5 | 3.3 | 3.2 | 4.0 | 4.3 | 3.9 | 3.9 | 3.6 | |
Electrical cost index | 381 | 383 | 389 | 397 | 397 | 398 | 399 | 407 | 404 | 401 | 402 | 411 | 411 | 411 | 411 | 410 | 424 | 422 | 422* | 433* | 433 | 433 | 435 | 451 | 451 | 452 | 454 | 468 | |
Inflation year on year (%) | 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* | 2.6* | 2.4 | 2.6 | 3.1 | 4.2 | 4.2 | 4.4 | 4.4 | 3.8 | |
Retail price index | 362 | 363 | 365 | 368 | 375 | 376 | 376 | 378 | 383 | 384 | 386 | 389 | 394 | 397 | 401 | 402 | 409 | 411 | 412 | 411* | 418 | 421 | 422 | 422 | 429 | 432 | 433 | 433 | |
Inflation year on year (%) | 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 | 2.2* | 2.2 | 2.4 | 2.4 | 2.7 | 2.6 | 2.6 | 2.6 | 2.6 |
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