BIS quarterly construction price and cost indices: July to September 2014
Department for Business, Innovation and Skills (BIS) quarterly construction price and cost indices for July to September 2014.
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The BIS output price index for new construction (2010): all new construction for July to September 2014 increased by 1.5% on the previous quarter and by 6.0% 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 (9.0%) and private housing (7.2%) sectors.
The BIS output price index for repair and maintenance construction (2010): all repair and maintenance for July to September 2014 increased by 0.4% on the previous quarter and by 1.4% year-on-year. Much of the increase was accounted for by rises in the private housing repair and maintenance sector which saw the largest increase of 3.3% year-on-year.
The BIS tender price index for public sector non-housing (PUBSEC) July to September 2014 increased by 2.0% on the previous quarter and by 5.3% year-on-year. The BIS tender price index of social housing (TPISH) July to September 2014 increased by 1.0% on the previous quarter and by 4.1% year-on-year.
The BIS resource cost indices in July to September 2014 show very little movement between the first 2 quarters of 2014 across all sectors.