UK construction cost index, 2026: live figures and what's moved

The latest ONS and MHCLG construction cost indices, auto-refreshed on publication. Plus what changed this quarter and why.

Trails Research·Updated 2026-04-19·4 min read
COPI indexN/AN/A YoYONS, 2015 = 100
LabourN/AN/A YoYONS labour cost index
MaterialsN/AN/A YoYMHCLG, all work
5-year changeN/Asince 2021COPI cumulative

Sources: ONS Construction Output Price Indices, ONS Labour Cost Indices, MHCLG Monthly Building Materials. Latest print: N/A.

Here are the numbers a QS needs at a glance, refreshed automatically on each ONS and MHCLG publication. If something looks different from last time you bookmarked this page, that's the data, not the site.

The headline chart

Source: ONS Construction Output Price Index, all new work, UK. Base: 2015 = 100. Quarterly data from 2014 to the latest print.

Top material movers

The fastest-moving individual materials over the last twelve months, from the MHCLG Monthly Building Materials series. Use these to check which lines in your cost plan are likely to be out of date.

Biggest risers

Biggest fallers

Source: MHCLG Monthly Building Materials, latest release. Year-on-year percentage change in the material-specific index.

What this quarter tells us

Output prices up N/A year-on-year means the aggregate cost of building new work, as captured by the ONS all-new-work index, has risen at that rate over the last twelve months. It is the headline figure a client will see quoted in trade press and the one most estimators reach for first. Read it as a broad inflation print, not as a specific uplift you apply to a specific cost line.

The split underneath is the more useful read. Labour is at N/A YoY and materials at N/A YoY. On a residential project at roughly 50% labour by value, the blended exposure sits between the two. The further a project sits from that split, the further the true uplift sits from the headline COPI number. A labour-heavy loft conversion is running closer to the labour YoY figure; a steel-and-concrete groundworks package is running closer to materials.

The top movers in the materials table point to where the residual pressure sits. Materials that rose hardest over the last year tend to be the ones tied to energy-intensive production (cement, bricks, insulation) or to specific supply constraints. Materials that fell are usually ones that overshot during the 2022 shock and are still retracing. Neither extreme is a forecast signal on its own, but the pattern is worth checking against your supplier conversations.

When the next update lands

ONS Construction Output Price Index

The COPI series publishes quarterly, with a lag of roughly six weeks after the reference quarter ends. A Q1 print lands in mid-May; Q2 in mid-August; Q3 in mid-November; Q4 in mid-February of the following year. Dates shift by a few days each year; the ONS release calendar is the definitive source.

MHCLG Monthly Building Materials

The materials series publishes monthly, with a lag of roughly three weeks after the reference month. A January print lands in late February; a February print in late March; and so on. This is the fastest-moving public construction cost indicator and the one to watch for early signs of a materials shock.

This page re-renders on publication, so bookmark it. The stats and chart above will pick up the new values automatically, typically within an hour of the ONS or MHCLG release going live.

What this page intentionally doesn't cover

This is an index reference page. For interpretation and commentary on what the current inflation environment means for design-build firms, see the UK construction cost inflation 2026 article . For the longer-term outlook and scenarios, see the UK construction cost forecast 2026 article . For per-m² benchmarks and trade day rates, see the related articles below. For the adjustable anchor converter and the full history, the live tool is the Cost Tracker.

Frequently asked questions

What is the current UK construction cost index?
The live values at the current release are shown in the index panels above, pulled directly from the ONS Construction Output Price Indices release (blended, labour, and materials series) and MHCLG Monthly Statistics of Building Materials and Components (material-level indices). All values are referenced to 2015 = 100 on the ONS series. The page refreshes automatically each ONS release cycle. For historical series, see the interactive charts. For the methodology behind derived regional and work-category factors, see the Trails Cost Tracker methodology page.
Which UK construction cost index should I cite in a cost plan?
Use ONS Construction Output Price Index for the blended top-line inflation adjustment. Use ONS labour and materials sub-indices separately for elemental re-indexing where the labour-to-materials split differs meaningfully from the ONS sample. Use MHCLG monthly material indices when a single material (structural steel, softwood, cement) dominates the element and you need a tighter adjustment than the blended materials series provides. Cite the release date alongside the value: "ONS COPI, Q4 2025 release, value X, YoY +Y%".
What are the top UK construction material price movers at the latest release?
The material movers table on this page ranks MHCLG series by 12-month price change at the current release. Historically the biggest movers are steel products (rebar, sections), structural timber (softwood, CLT), insulation (PIR, mineral wool), and copper. Commodity exposure drives most of the movement: steel follows Chinese production and shipping, timber follows Scandinavian supply and UK housebuilding demand, insulation follows petrochemical inputs. At the current release, check the live table for which materials are actually moving most. MHCLG's full series is free under the Open Government Licence.
How is the UK construction cost index different from the RPI or CPI?
RPI and CPI measure retail consumer inflation (goods and services bought by households). The construction cost index measures input costs to construction activity (labour day rates, building materials, plant hire). They move independently: CPI can be falling while construction costs rise, and vice versa. Do not use CPI to index a construction cost plan forward; it dramatically understates labour and materials-specific inflation. The relevant indices are ONS COPI, ONS labour cost index for construction, and MHCLG materials. RPI is occasionally used in old JCT contracts for specific sub-categories but has largely been retired.
When does ONS release the next Construction Output Price Index update?
ONS publishes the Construction Output Price Indices on a quarterly cadence, typically six to eight weeks after the quarter-end. Q1 (January to March) data appears in mid-May, Q2 in mid-August, Q3 in mid-November, Q4 in mid-February. The exact release date for the next publication is listed on the ONS Release Calendar under "Construction output price indices". MHCLG releases materials data monthly, typically three to four weeks after the reference month. Both are free to access with no registration.