HC Deb 06 March 1972 vol 832 cc255-6W
Mr. Chichester-Clark

asked the Secretary of State for the Environment by how much building costs rose, without being adjusted for productivity and output, in the year 1971 compared with 1970; and whether the rate of increase changed in the last quarter of 1971 compared with the average rate of increase in each of the first three quarters.

Mr. Amery

It is provisionally estimated that there was a 10 per cent. increase in 1971 in building costs, unadjusted for productivity and output: the corresponding increase in 1970 was 11 per cent. For the fourth quarter of 1971, costs increased by 1 per cent.; this compares with a quarterly average increase of about 4 per cent. for the first half of 1971, and 0.5 per cent. increase for the third quarter of that year.