Not out of the woods yet on supply chain costs

Skilled labour has been an industry issue for years. (Image: BusinessDesk)

Thu, 25 Aug 2022

Supply issues may be abating slightly, but building product inflation is marching on, with suppliers expecting price hikes of 9% over the coming six months.That’s in addition to across-the-board increases for housing materials of a third over the past 12 months.The latest construction supply chain update, based on a survey of more than 200 product suppliers, suggested the root causes remain as they contend with rising international costs and mounting pressure to have more product on hand.The third quarter report, prepared by architecture...

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