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Economics



The Second Quarter forecast indicates continued tender price deflation for the overall UK median rate of -6% in 2009 and -4% in 2010.

All regions show negative tender pricing year on year with significant reductions in Scotland and Eire.

Forecasts for positive growth and return of economic confidence are few and far between. Our research suggests no return to positive tender pricing until 2012.

For further information please contact Gavin Murgatroyd.