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.
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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.