Tender Price Index – February 2024

Tender Price Index – February 2024

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The latest SCSI Tender Price Index *TPI) shows that while construction costs are continuing to rise, the rate of increase eased significantly in the second half of 2023.

The TPI shows the rate of commercial construction inflation increased nationally by 1.5% in the second half of 2023, down from 2.4% in the first half of last year.

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