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UK IT spending to outstrip inflation, says NCC

Karl Flinders
Monday 10 March 2008 05:01

UK IT expenditure over the next 12 monthsis set to beat inflation, says the National Computing Centre (NCC).

Expenditure on IT is remaining buoyant despite an uncertain economic outlook, said the NCC.

A survey it conducted among 120 firms found that 58% are predicting an above-inflation increase in IT expenditure over the next 12 months.

The median growth rate in IT expenditure reported was 4.9%, outstripping the January CPI inflation figure of 2.2%.

The construction and health sectors are set to see the highest growth, said NCC.

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