Pressures ease in building materials supply chain

Pressures ease in building materials supply chain
Building product prices have increased by 45% on average over the past two years. (Image: BusinessDesk)
Staff reporters
Building product prices are predicted to stabilise or even decrease, according to the 2023 Eboss Q1 construction supply chain update.Price increases have halved over the past six months and are set to continue to do so as global pressures lessen and inventories continue to be well stocked. The report revealed that building material prices had increased on average by 19% in the past year, which is a compound increase of 45% over the past two years. However, some building product prices were now decreasing, with 11% of suppliers surveye...

More Economy

New gig for former RBNZ governor Adrian Orr
Economy

New gig for former RBNZ governor Adrian Orr

Orr abruptly quit the RBNZ last March. 

Rebecca Howard 15 Jul 2025
Services sector stuck in reverse
Economy

Services sector stuck in reverse

The combined PSI and PMI is supportive of further RBNZ rate cuts.

Rebecca Howard 14 Jul 2025
August RBNZ rate cut beckons but not a done deal
Economy

August RBNZ rate cut beckons but not a done deal

It will all come down to how the data pan out. 

Rebecca Howard 10 Jul 2025
RBNZ hits pause but keeps future rate cuts on table
Economy

RBNZ hits pause but keeps future rate cuts on table

It was the first pause since August last year when the official cash rates were at 5.5% 

Rebecca Howard 09 Jul 2025