Key Findings:
- Commercial construction tender prices increased by 3% in the first half of 2026
- This represents the largest six-monthly increase in three and a half years
- National rate of commercial tender price inflation is now running at 4% year-on-year
- Chartered Surveyors say conflict in the Middle East is one of the key drivers of inflation – “The conflict is driving prices of oil-based products and directly impacting supply chains”