Finance

Construction material inflation has peaked but 'H1 spike and labour shortages will hit development'

By 2023-01-04T11:55:00

Construction

Source: Shutterstock / Sorn340 Studio Images

Construction materials inflation looks to have peaked at 26.8% in Q2 2022, but the likelihood of another cost spike and ongoing labour shortages will impact development this year, according to construction insight and intelligence firm Glenigan.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue