Tender Price Change

Q3 2019 ANNUAL TENDER PRICE INFLATION FORECAST

% 2019 2020 2021 2022
Regional forecasts Now Last Now Last Now Last Now Last
Greater London 1.00 1.00 1.00 1.00 1.50 1.50 1.50 1.50
South East 1.00 1.00 1.00 1.00 1.50 1.50 1.50 1.50
South West 1.00 1.00 1.50 1.50 1.50 1.50 1.50 1.50
East 1.50 2.00 2.00 2.00 2.00 2.00 2.00 2.00
Midlands 2.00 1.50 2.00 1.50 1.50 1.50 1.50 1.50
Wales 0.50 1.00 1.00 1.00 0.50 0.50 0.50 0.50
Yorks & Humber 1.00 0.00 1.00 1.00 1.50 1.00 2.00 1.50
North West 1.50 1.00 1.50 1.50 1.50 1.50 1.50 1.50
North East 1.00 0.00 1.00 1.00 1.50 1.00 1.50 1.50
Scotland 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00
Northern Ireland 1.00 1.50 1.00 1.50 1.50 1.50 2.00 2.00
UK Average (Weighted) 1.00 1.00 1.00 1.00 1.50 1.00 1.50 1.50
Note: 2022 is a 10-year short-term average market forecast



COMPARISON OF PUBLISHED FORECASTS FOR TENDER PRICE CHANGE

Tpi Q3 2019 Change

Note: All figures relate to year on year quarterly changes