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.

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