Key Changes

• All of the construction cost index series now on an upward trend
• Consumer price inflation overshoots target by large margin
• Industry input costs experience resurgence of cost pressures
• Industry output prices begin to rise in response
• Construction materials prices show sharp rise over last six months
• Electricians get 5% wage increase and steel erectors 2%
• Wages remain frozen for builders, plumbers and heating and
  ventilating operatives