1、CONSTRUCTION MARKET INTELLIGENCEINTERNATIONAL REPORTSECOND QUARTER 2023Rider Levett Bucknall|International Report Second Quarter 20232As the largest independent and most geographically prevalent construction cost consultancy of its kind in the world,Rider Levett Bucknall(RLB)has access to the foremo
2、st construction market intelligence.RLB collects and collates construction data and forecast trendson a global,regional,country,city and sector basisfrom its comprehensive network of offices around the globe.The RLB International Report,which is published half-yearly,presents a snapshot of this data
3、.RLB publishes key industry intelligence data throughout the year.For more detailed sector,city,country and regional data,please review our regional or country specific publications.These can be found under the Insights tab of RLB.com.INDEPENDENT CONSULTANTS,LOCAL KNOWLEDGE AND EXPERTISE,GLOBAL NETW
4、ORKCover Image:Tower Bridge,London,United KingdomEach RLB office contributes to the global intelligence,providing insights into the conditions and trends that impact the local construction industry.The information gathered and disseminated by each office includes:RLB Crane Index Forecast Tender Pric
5、e Index uplifts RLB Construction Market Activity Cycle Key building type cost ranges in local currenciesTENDER PRICE INDEXRLBs Tender Price Index(TPI)showcases the historical and forecast movements in construction cost inflation and escalation on an annual basis.The TPI annual rate represents an ove
6、rall forecast of the movement of construction costs for the industry within the key cities of RLBs network of offices.BUILDING COST RANGESRLBs regularly updated Building Cost Ranges can be found via the RLB website( regions Cost Intelligence publication features current building cost ranges,and each