National Statistics

BIS quarterly construction price and cost indices: quarter 4 2013

Department for Business, Innovation and Skills (BIS) quarterly construction price and cost indices for the 4th quarter 2013.

Documents

Construction output prices commentary 2013 Quarter 4

Tender price indices 2013 Quarter 4

Resource cost indices 2013 Quarter 4

Output price indices 2013 Quarter 4

Details

Headline results:

The BIS Output Price Index for New Construction (2010): All New Construction for 4th quarter 2013 increased by 0.9% on the previous quarter and by 4.2% year-on-year. Above average increases in output prices were noted in 2 new work sectors, namely Private Housing and Private Commercial.

The BIS Output Price Index for Repair and Maintenance Construction (2010): All Repair and Maintenance for 4th quarter 2013 increased by 0.7% on the previous quarter and by 3.0% 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 3.2% year-on-year.

The BIS Tender Price Index for Public Sector Non-Housing (PUBSEC) 4th quarter 2013 declined by 1.1% on the previous quarter, although remained unchanged year-on-year. The BIS Tender Price Index of Social Housing (TPISH) 4th quarter 2014 increased by 0.5% on the previous quarter and by 3.2% year-on-year.

The BIS Resource Cost Indices in 4th quarter 2013 exhibited relatively stable input costs in building, housing and non-housing sectors. However, the BIS Resource Cost Index of Road Construction (ROCOS) declined by 0.4% on the previous quarter although increased by 0.8% year-on-year, while the BIS Resource Cost Index of Infrastructure (FOCOS) declined by 0.5% on the previous quarter and increased by 0.9% year-on-year.

Published 18 March 2014