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…
Wholesale trade sales of construction and building materials increased by 21 percent m-m (current prices) in May to R14.1bn although sales were just marginally higher compared to the same month in 2021, up 0.5 percent y-y. In real terms, adjusted for inflation, sales increased by 2 percent y-y for the first five months of 2022….
The Estimated Tender Value index continued to decline and fell for the 5th consecutive month in June 2022, down 1.5 percent m-m to 148.9, following the 3.9 percent and 4.9 percent decline in the previous two months. In real terms civil tender values fell by 30 percent y-y during the first six months of 2022…
The increase in the composite Construction Material Price Index accelerated to an annual increase of 14.7 percent y-y in May 2022 from 12.9 percent in April. Various materials have shown robust double digit increases over the past year, supporting the overall acceleration in the index.
Investment in construction fell by 0.8 percent q-q (constant, annualised rates) in the 1st quarter of 2022 to R230.4bn (2015 prices). Residential investment fell by 1.9 percent while non-residential investment turned the tide an increased by 2.0 percent, representing 14 percent of total investment in construction. Construction works contributed 49 percent to total construction investment…
Gross Fixed Capital Formation as a percentage of GDP edged marginally higher to 14.3 percent in 2022Q1 from 14.0 percent the previous quarter (2021Q4). Total investment increased by 3.6 percent q-q (Constant prices, seasonally adjusted) against overall GDP growth of 1.9 percent.
Liquidations in the construction sector was at the highest monthly level in April 2022 since September 2018, with a total of 13 liquidations recorded for the month. The construction sector is bearing the brunt of lack of infrastructure spending and weak investor demand as liquidations increased by 44 percent y-y in the first four months…
The Estimated Tender Value index continued to decline and fell for the 3rd consecutive month in April 2022, down 5 percent to 158.1, following the 7 percent and 1 percent decline in the previous two months. In real terms civil tender values fell by 12 percent y-y during the first four months of 2022 compared…
Turnover in the construction sector contracted by 12.2 percent y-y (nominal terms) in the 4th quarter of 2021 to R74.5bn. Overall turnover for 2021 increased by 5 percent y-y to R317bn compared to 2020. This is still lower by 10 percent when compared to pre-Covid levels in 2019. A full review by firm size (large,…
Private sector building approvals weakened during May 2026, with…
What is the Provincial Construction Pipeline? The Provincial Construction…
