CPA UK Construction Materials Prices 14 September 2023

CPA UK Construction Materials Prices 14 September 2023

Date Published

14 September 2023

Document Type

Category

Author

TDUK

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Summary

UK construction materials prices in July 2023 were 4.0% lower than a year ago according to the ONS as materials price inflation continues to slow.

It is more than a year on from the spike in energy and materials prices so it is unsurprising that the annual percentage change in construction materials prices is now falling and at a faster rate than in June (-2.0%) given that they are coming from a high base last Summer (when construction materials inflation peaked at 26.8%).