Tender Price Change

TENDER PRICE ANNUAL PERCENTAGE CHANGE Q1 2016

% 2016 2017 2018 2019 2020
Regional forecasts Now Last Now Last Now Last Now Last Now Last
Greater London 4.50 4.50 3.50 3.00 3.00 3.00 3.00 3.00 3.50
South East 4.50 4.50 3.50 3.00 3.00 3.00 3.00 3.00 3.50
South West 4.00 3.50 3.00 3.50 3.00 3.00 3.00 3.00 3.00
East Anglia 3.00 3.50 3.00 3.00 2.00 3.00 3.00 3.00 3.00
Midlands 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00
Wales 3.00 3.00 3.00 3.00 2.50 2.50 2.50 2.50 2.50
Yorks & Humber 3.00 3.00 3.00 2.50 3.00 3.00 3.00 3.00 3.00
North West 4.00 3.00 4.00 4.00 3.00 3.50 3.00 3.00 3.00
North 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00 3.00
Scotland 3.00 3.00 3.00 3.50 3.00 3.50 3.00 3.00 3.50
Northern Ireland 3.00 3.00 2.50 2.50 2.50 2.50 2.50 2.50 3.00
UK Average 4.00 4.00 3.50 3.50 3.00 3.00 3.00 3.00 3.50
Eire 4.00 4.00 3.50 4.00 3.00 4.00 3.00 3.50 3.50

COMPARISON OF PUBLISHED FORECASTS FOR TENDER PRICE CHANGE

%
1q to 1q Feb-16 1q to 1q 4q15
% change % change % change % change
2016 4.00 3.30 4.50 5.40
2017 3.50 4.60 3.50 4.80
2018 3.00 5.10 3.00 3.90
2019 3.00 5.10 3.00 4.60
2020 3.50 5.20 3.50 4.60
Note: All figures relate to year on year quarterly changes