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Research Notes are more in-depth analyses undertaken by BER economists and consultants. They are intended to inform clients on critical issues in the macroeconomic environment, which may impact on the business environment. Research Notes are exclusive to BER Premium Insights Service clients. For more information, contact us.
Date Uploaded: December 14 2022 12:15
The BER BCI (Building Cost Index) is widely used in the building sector as well as the finance and insurance sector. However, the index has come under some scrutiny over the last few years due to, among other things, the appropriateness of the items included in the index. This paper details a process which started at the end of 2020 to evaluate and, if possible, implement changes to the list of items (i.e. indicator items) included in the BER BCI.