Summary from the original article

Subdued national construction output is masking the growing cost pressures facing individual projects, according to global programme manager Turner & Townsend. Despite softer market activity, the business has raised its tender price inflation (TPI) forecast for the first time in two years, with its Q4 2026 UK Market Insight (UKMI) report.
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Upgrade this serverSubdued national construction output is masking the growing cost pressures facing individual projects, according to global programme manager Turner & Townsend. Despite softer market activity, the business has raised its tender price inflation (TPI) forecast for the first time in two years, with its Q4 2026 UK Market Insight (UKMI) report.
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