Commercial construction inflation eases, report finds

Tender prices increased by 1% during the second half of 2025, the lowest rate of increase since 2020

The Connacht/Ulster region saw had the highest rate of annual inflation at 3.8%.

Commercial construction tender prices increased by 1% during the second half of 2025 — slowing to the lowest rate of increase since 2020 — as inflation in the sector continues to moderate, a new report from the Society of Chartered Surveyors Ireland (SCSI) shows.

The SCSI’s latest Tender Price Index (TPI) shows the rate of commercial construction inflation eased from the 1.5% recorded in the first half of 2025. This means tender prices throughout 2025 rose by 2.5%, down from the 3% recorded in 2024.