Sense

Presenting Sense Limited's Quarterly Construction Industry Inflation Report

Following the Sense inflation update in September 2008 where UK tender price inflation was forecast at 4.5% in 2009, 4.25% in 2010 and 4.5% in 2011, economic conditions have deteriorated with unprecedented speed. Before the scale of the crisis was known, demand from the Middle East and Asia was expected to buoy global commodities prices and energy prices were predicted to subside moderately.

Now three months on, the construction industry stands to face its most challenging period for nearly 20 years. With most of the world's leading economies already in or on the verge of recession, and growth projections elsewhere being significantly downgraded, demand for commodities has weakened and labour markets have softened.

To continue reading the full report, please click on the PDF download, right.

Issue 1: September 2008

Issue 2: December 2008

Issue 3:  March 2009