The Construction Material Price Index accelerated to an annual increase of 14.3 percent y-y in July 2022 from 13.4 percent in June. The price index for roads increased by an above average rate of 20 percent.
Annual producer price inflation was 18,0% in July 2022, up from 16,2% in June 2022.
Wholesale trade sales of construction and building materials increased by 9.9 percent y-y (current prices) in June to R12.7bn although sales were lower by 8.6 percent compared to the same month in 2021. In real terms, adjusted for inflation, sales increased by 1.9 percent y-y for the first six months of 2022. By comparison retail…
The total number of SQM approved for private sector building construction increased by 11.3 percent y-y in June 2022, as an increase in approvals for housing in Gauteng and Western Cape was offset by a contraction across all three sub-segments in the non-residential market.
The construction labour force expanded by 9.7 percent q-q in the 2nd quarter of 2022 to 1 177 000. The growth in the labour force was supported by a 15 percent q-q increase in the formal sector. Western Cape was the only higher capacity province that showed a drop in the labour force, while Gauteng…
Retail trade sales of hardware, paint and glass fell by 8.6 percent y-y (constant prices) in June, marking the 12th consecutive month of decline. Sales fell by 3 percent in the 2nd quarter of 2022 to R22.9bn, following the 10 percent decline in Q1. Trade sales in the construction market underperformed the overall market, as…
Liquidations in the construction sector accelerated in the 2nd quarter of 2022. Following a 8 percent y-y increase in 2022Q1, liquidations increased by 183 percent y-y during the 2nd quarter, as business conditions continue to deteriorate.
The total number of SQM approved for private sector building construction fell by 2.8 percent y-y in May 2022, with a weaker housing market alongside a 17 percent increase in approvals for non-residential buildings.
Regulated administered prices increased by 23.4 percent y-y, pushing overall consumer inflation to 7.4 percent in June 2022.
Mining production of building materials decreased by 11.8 percent y-y in May 2021, marking the 3rd consecutive month of negative year on year growth. The rand value of granite or norite sales increased by 14 percent y-y in the first five months of 2021, while the value of limestone and lime sales fell by 2…
The total number square metres approved by local government…
R35bn Transnet Push and R8.1bn Metro Funding Put Infrastructure…
