Market forecast: High hopes

By Michael Hubbard2021-05-10T05:00:00

While sentiment is high for a recovery, new orders are not fully mirroring this optimism, and a supply crunch is hitting the materials chain hard

01 / Summary

Tender price index ►

Tender prices moved negligibly over the 12 months to the end of Q1 2021. Market pricing is firming up for some trades as workload returns and input cost pressure builds.

Building cost index ▲

A composite measure of building input costs increased by 3.1% over the year to Q1 2021. A combination of factors has propelled input cost inflation much more quickly over the first quarter of the year.

Consumer prices index ▲

The consumer prices index (CPI) rose by 0.7% in the 12 months to March 2021, up from 0.4% to February. Consumer price inflation is expected to increase further during the rest of 2021.

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