Weekly Economic and Construction Update – 9 June 2023
Date Published
9 June 2023
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Author
Jack Clappen
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Summary
UK construction materials prices in April 2023 were 4.7% higher than a year ago according to the ONS, considerably lower than the 8.7% in March and 10.6% in February.
The RICS UK Residential Survey reported that the net balance for new buyer enquiries was -18% in May, considerably less negative than -34% last month and the least negative value in the last 12 months.
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