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Construction Materials (Urban Road) Shopping Basket Index – June 2023
Civil Project Partners Civil Construction Materials (urban road) – Shopping Basket Index, for the June 2023 quarter is available for download here.
After seeing the first signs of easing in the cost of critical materials for the construction sector in the March 2023 Quarter, the most recent Quarter ending the financial year in June 2023, has followed a similar trend. The CPP Civil Construction Materials Shopping Basket index shows further stabilisation of concrete costs, steel prices cooling, as gravel increases, and fuel costs continue to soften.
Overall, even with the curve taking a gentle dip, the cost pressure on construction projects is still prevalent and the key is proper planning and cost estimation, which is Civil Project Partners speciality. If you need help with this complex process, contact us to help make sense of the labyrinth of information.
DOWNLOAD – CPP Construction Materials Shopping Basket Guide_Q42023