Construction: Inflation

(asked on 5th July 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what assessment she has made of the impact of inflation on the construction industry.


Answered by
Nusrat Ghani Portrait
Nusrat Ghani
This question was answered on 10th July 2023

There has been a significant level of inflation in the price of construction products and materials, as a result of the impact of the pandemic on supply chains, and then the increase in the cost of energy and other disruption caused by Russia’s invasion of Ukraine. The Government continues to work with the industry to monitor and mitigate the impact of inflation, including through the Construction Leadership Council’s (CLC’s) Product Availability Group. The ONS also publishes monthly statistics on the price of products and materials.

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