National Statistics

BIS quarterly construction price and cost indices: January to March 2014

Department for Business, Innovation and Skills (BIS) quarterly construction price and cost indices for January to March 2014.

Documents

Detail

Headline results

The BIS Output Price Index for New Construction (2010): All New Construction for January to March 2014 increased by 1.7% on the previous quarter and by 4.3% year-on-year. Above average increases in output prices, on a quarterly and year-on-year basis, were noted in 2 new work sectors, namely the Private Commercial and Private Housing sectors.

The BIS Output Price Index for Repair and Maintenance Construction (2010): All Repair and Maintenance for January to March 2014 increased by 0.3% on the previous quarter and by 2.7% year-on-year. Much of the increase was accounted for by rises in the Private Housing Repair and Maintenance sector which saw above average output price increases of 3.1% year-on-year.

The BIS Tender Price Index for Public Sector Non-Housing (PUBSEC) January to March 2014 increased by 1.0% on the previous quarter and by 2.7% year-on-year. The BIS Tender Price Index of Social Housing (TPISH) January to March 2014 increased by 1.5% on the previous quarter and by 4.2% year-on-year.

The BIS Resource Cost Indices in January to March 2014 exhibited increasing costs in Building non-housing, house building, infrastructure, and road construction. Plus maintenance for building non-housing and maintenance for house building sectors. The BIS Resource Cost Index of Road Construction (ROCOS) increased by 0.8% on the previous quarter and by 0.8% year-on-year. While, the BIS Resource Cost Index of Infrastructure (FOCOS) increased by 0.5% on the previous quarter but remained unchanged year-on-year.