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原文传递 Rapid cost increases turn the screw on engineering
题名: Rapid cost increases turn the screw on engineering
正文语种: eng
摘要: High inflation rates cause economic problems even in what could be regarded as normal times, but this year they are even more damaging than usual because of their suddenness. This time last year, nobody could have predicted that the global resumption of activities, after the worst of the COVID pandemic, followed by war in Europe, would push inflation up to its highest level in three decades, with official forecasts of UK RPI and RPIX peaking at 11% at the end of 2022. The situation is all the more painful in the UK because it follows many years of steady low inflation, which may have lulled infrastructure contractors and their clients into a false sense of security. Contracts, in general, were not drawn up with such a large and sudden inflationary surge in mind. Similarly, infrastructure budgets are premised on inflationary business as usual. This now leaves organisations, from the UK Government down to local authorities, having to reconsider what they can afford and what they must reluctantly sacrifice or postpone. The Department for Transport [DfT], for example, commenced a review of its major road network policy in January, well before Russia's invasion of Ukraine triggered further increases in oil and other prices.
出版年: 2022
期刊名称: Highways
卷: 91
期: 5
页码: 44,46
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