The latest issue of our tender price inflation report is now available to view.

• Negative growth is anticipated for 2024, largely driven by the dramatic fall in new housing output.
• Labour shortages are still prevalent, and the volume of insolvencies remain a risk.
• The stabilisation of material costs and slowing of wider economic inflation provides reason for cautious optimism.
• Tender Price Inflation forecasts anticipate a reduction of the inflation rate, compared to 2023.

Read the full report here.