Across the UK, we are seeing continued rises in the cost of construction materials, which...
Across the UK, we are seeing continued rises in the cost of construction materials, which is contributing to a decrease in monthly construction output. Recent data from the Office for National Statistics state that output decreased 0.2% in May 2023, equating to £15,360 million.
So, what exactly is causing these price rises? Here we explore some of the factors that are contributing to the cost increases in the construction industry.
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