Construction Output Price Indices (OPIs) from January 2014 to September 2025, UK. Summary

From 2015 to 2024, the construction output prices of public and private housing increased by ***** percent in the United Kingdom (UK). Meanwhile, the prices of industrial buildings increased by ***** percent during that period, and infrastructure prices by ***** percent. Housing and industrial are the segments that increased the most during that period. Balfour Beatty ranked in the past years as the construction firm with the largest revenue in the UK.

The construction output price in the United Kingdom has reached an annual growth rate of *** percent in June 2025 compared to the same month of the previous year. Construction costs had been increasing at a lower rate than in 2022 and 2023, but started rising again slowly in late 2024. The year-over-year growth rate was over ** percent in May and July 2022. Public and private housing was the construction segment with the highest output price increase. How have material costs developed over the years? Several factors influence construction material costs, including supply and demand, regulatory requirements, and transportation logistics. Manufacturing efficiency and global trade policies also play a big part, along with economic factors like inflation and currency fluctuations. In June 2022, the price of construction materials for new houses in the UK were ** percent higher than in 2015. What is the largest component of those costs? Labor costs are often one of the largest expenses in construction projects. That is due to the skilled nature of the work, which has a high demand for specialized trades. The construction sector's labor costs accounted for around ** percent of the sector's earnings in the United Kingdom in 2024. In the past years, the size of labor costs as a share of the construction sector have increased slightly, but they were still lower than in before 2014. As of June 2025, the construction output price growth rate has been revised to *** percent.

This dataset contains the indices of UK hourly Construction Wage Costs (quarterly; not seasonally adjusted; 2000 = 100) and UK Construction Material Prices for New Housing, Other New Work, Repair and Maintenance, and All Work (monthly; 2010 = 100).

The prices of many construction materials in the United Kingdom kept increasing in 2024, but more moderately than in previous years. There were also several building materials whose prices fell that year. One of the most extreme examples was the price of flexible plastic pipes and fittings, which rose by over ** percent that year. The price of a couple steel products fell by over ** percent that year. In late 2024, copper-based products were among the building materials with the highest price increases in the U.S.

The output price of new private commercial construction increased by **** percent in 2024. The cost of infrastructure construction increased the most in 2022 at **** and 2023 at **** percent. Overall, the output price of new commercial buildings has increased every year between 2015 and 2024.

The construction output prices increased at a slower rate in 2024 than in the previous two years. Since 2014, the price of new construction projects has grown faster than that of repair and maintenance projects. The largest price increases took place in 2021 and 2022.

Price quote data (for locally collected data only) and consumption segment indices that underpin consumer price inflation statistics, giving users access to the detailed data that are used in the construction of the UK’s inflation figures. The data are being made available for research purposes only and are not an accredited official statistic. From October 2024, private school fees and part-time education classes have been included in the consumption segment indices file. For more information on the introduction of consumption segments, please see the Consumer Prices Indices Technical Manual, 2019. Note that this dataset was previously called the consumer price inflation item indices and price quotes dataset.

Input and output for UK Producer Price Index series of materials and fuels purchased and output of manufacturing industry by broad sector.

Material costs for new non-residential construction in the United Kingdom grew by almost ** percent between 2015 and June 2022. The annual average prices of construction materials used for repairs, new housing, and other new construction work increased at a similar pace during that period. By June 2022, the aggregate prices of materials soared for all types of construction work.

NB Responsibility for the production of PCIs transferred to the Office for National Statistics (ONS) on 1 April 2015. See: http://www.ons.gov.uk/businessindustryandtrade/constructionindustry/articles/constructionoutputpriceindicesopis/interimsolutionquarter4octobertodecember2015 Presents quarterly price and cost indices are a basic tool of the trade to anyone involved in estimating, cost checking and fee negotiation on public sector construction works including roads. Source agency: Business, Innovation and Skills Designation: National Statistics Language: English Alternative title: Construction Price and Cost Indices

United Kingdom Construction Material Price Index: Repair and Maintenance data was reported at 122.600 2010=100 in Oct 2018. This records an increase from the previous number of 122.200 2010=100 for Sep 2018. United Kingdom Construction Material Price Index: Repair and Maintenance data is updated monthly, averaging 108.200 2010=100 from Jan 2008 (Median) to Oct 2018, with 130 observations. The data reached an all-time high of 122.600 2010=100 in Oct 2018 and a record low of 88.600 2010=100 in Jan 2008. United Kingdom Construction Material Price Index: Repair and Maintenance data remains active status in CEIC and is reported by Department for Business, Innovation and Skills. The data is categorized under Global Database’s United Kingdom – Table UK.I028: Construction Material Price Index: 2010=100.

United Kingdom Construction Material Price Index: New Housing data was reported at 122.200 2010=100 in Oct 2018. This records an increase from the previous number of 122.000 2010=100 for Sep 2018. United Kingdom Construction Material Price Index: New Housing data is updated monthly, averaging 107.950 2010=100 from Jan 2008 (Median) to Oct 2018, with 130 observations. The data reached an all-time high of 122.200 2010=100 in Oct 2018 and a record low of 90.600 2010=100 in Jan 2008. United Kingdom Construction Material Price Index: New Housing data remains active status in CEIC and is reported by Department for Business, Innovation and Skills. The data is categorized under Global Database’s United Kingdom – Table UK.I028: Construction Material Price Index: 2010=100.