BIS quarterly construction price and cost indices: quarter 3 2013
Department for Business, Innovation and Skills (BIS) quarterly construction price and cost indices for the 3rd quarter 2013.
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Headline results:
- BIS Output Price Index for All Work (2010): All Construction 3rd Quarter 2013 increased by 0.2% on the previous quarter and by 2.5% year-on-year - much of the increase was accounted for by rises in the All New Construction sector which saw output price increases of 0.3% on the previous quarter and 2.2% year-on-year
- BIS Output Price Index for New Construction (2010): All New Construction for 3rd Quarter 2013 increased by 0.3% on the previous quarter and by 2.2% year-on-year - above average increases in output prices were noted in 4 new work sectors, namely Infrastructure, Private Industrial, Public Non-Housing and Private Housing
- BIS Output Price Index for Repair and Maintenance Construction (2010): All Repair and Maintenance for 3rd Quarter 2013 decreased by -0.2% on the previous quarter but increased by 3.2% year-on-year - much of the increase was accounted for by rises in the Private Housing Repair and Maintenance sector which saw output price increases of 1.0% on the previous quarter and 4.0% year-on-year
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BIS Tender Price Index for Public Sector Non-Housing (PUBSEC) 3rd Quarter 2013 declined by 1.1% on the previous quarter although increased by 1.1% year-on-year
- the BIS Tender Price Index of Social Housing (TPISH) 3rd Quarter 2013 was unchanged on the previous quarter although increased by 1.6% year-on-year
- the BIS Tender Price Index of Road Construction (ROADCON) 3rd Quarter 2013 increased by 1.0% on the previous quarter and by 8.9% year-on-year
- BIS Resource Cost Indices in 3rd Quarter 2013 exhibit stable input costs in building, housing and non-housing sectors - however, the BIS Resource Cost Index of Road Construction (ROCOS) increased by 1.2% on the previous quarter and by 1.7% year-on-year, while the BIS Resource Cost Index of Infrastructure (FOCOS) increased by 1.0% on the previous quarter and by 1.4% year-on-year