Prices of construction materials are on the rise

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Building material prices in April 2021, compared to April 2020, increased by 4.7% on average, according to data from PSB Handel Group. This is the second consecutive month with dynamics exceeding 4%. Since the beginning of this year, the growth rate of building material prices has clearly accelerated.

April saw y/y increases in 19 commodity groups:

  • OSB (+32.4%),
  • lighting, electrical (+9.6%),
  • thermal insulation (+7.9%),
  • drywall construction (+7.9%),
  • installations, heating (+7.1%),
  • garden and hobbies (+6.5%),
  • roofs and gutters (+5.0%),
  • tools (+4.4%),
  • equipment, household appliances (+4.0%),
  • cement, lime (+3.6%),
  • tiles, bathrooms, kitchens (+3.0%),
  • paints, varnishes (+2.7%),
  • construction chemicals (+2.6%),
  • finishes (+2.5%),
  • waterproofing (+2.2%),
  • joinery (+2.1%),
  • decoration (+1.8%),
  • home environment (+1.1%),
  • automotive (+0.2%).

The decrease in prices occurred only in the group of walls, chimneys (-6.6%).

In the period I-IV 2021, prices of construction materials, compared to the same period of 2020, increased by 4.2% on average. Increases were recorded in 18 commodity groups:

  • OSB (+20.7%),
  • drywall (+12.1%),
  • thermal insulation (+10.0%),
  • lighting, electrical (+5.8%),
  • cement, lime (+5.4%),
  • installations, heating (+5.4%),
  • garden and hobbies (+5.3%),
  • roofs and gutters (+4.7%),
  • tools (+3.8%),
  • equipment, household appliances (+3.2%),
  • woodwork (+2.8%),
  • finishing (+2.7%),
  • automotive (+2.3%),
  • construction chemicals (+2.2%),
  • tiles, bathrooms, kitchens (+2.1%),
  • paints, varnishes (+2.0%),
  • decorations (+1.4%), waterproofing (+0.9%).

The prices fell in 2 groups: house surroundings (-0.1%) and walls, chimneys (-6.1%).

Source: PSB Handel Group

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