Construction Monitor June 2022

In this month's review of the South African Construction industry:

• Economy expands by 1.9 percent, but underlying risks weigh heavily
• Load shedding up 40 percent in 2021, with 2022 fast approaching new record
• Formal employment in the construction sector under pressure
• Value of civil projects awarded show robust increase in May
• Estimated value of projects out to tender edge higher
• Annual increase in civil material prices accelerate
• Robust increase in construction liquidations
• Civil Engineering sector takes hard beating according to 2020 Construction Survey