Davis Langdon
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Cost Update - Dec08

Cost Update - Dec 2008

Category Cost Update

Published December 2008

Author Peter Fordham, Davis Langdon

After sharp inflation in the second quarter, consumer, input, output and materials prices all peaked and are now on a declining trajectory.

Davis Langdon’s cost indices track movements in the input costs of
construction work in various sectors, incorporating national wage
agreements and changes in materials prices as measured by the Office
for National Statistics index series.

They provide an underlying indication of price changes and
differential movements in the various work sectors but do not reflect
changes in market conditions affecting profit and overheads
provisions, site wage rates, bonuses or any discounts or premiums in
materials price.

Market conditions are recorded in Davis Langdon’s quarterly Market
Forecast (last published in Building on 31 October).

For the full article, please download the PDF.