Retail trade sales in hardware, paint and glass fell for the 14th consecutive month in August 2022, down 9.4 percent y-y in real terms, against an overall increase of 2 percent in total retail trade sales.
Our monthly review on current trends in the construction industry is now available, including our three year macro economic and construction forecast. The review includes an update of the construction pipeline at a provincial level, a look at public sector capital expenditure on construction works, local government expenditure on infrastructure and other key indicators. Please…
The CRMS index increased by 5.7 percent m-m in October 2022, supported largely by an increase in the overall market cap values of property funds. The contractors, retailers and suppliers indices reported overall losses for the month. However October was a little better than September, as a lower 55 percent of the companies included in…
The annual rate of increase slowed to 11.2 percent in September 2022, from an average of 13.4 percent in 2021. However, the price trends are highly diverse between the different materials, as bricks increased by 1.8 percent, cement by 9.3 percent and steel slowed to an increase of 11.5 percent. The anticipated slowdown in building…
Despite being vague, the Minister of Finance confirmed the need for higher infrastructure expenditure. In a bold move, government agrees to take over (or part thereof) debt obligations of Eskom and Sanral, but there will be a cost. Please login and download our review on the impact of the MTBS on the local construction sector.
The estimated nominal value of civil projects out to tender increased by 37 percent y-y in the 3rd quarter of 2022, following a more negative 20 percent contraction in Q2. Total nominal values increased by 5 percent y-y for the first nine months of 2022, with strong differentiation between provinces.
According to our latest survey results, conducted over the last 12 months, 45 percent of purchases are determined by the professional team, while place or location is the second most important consideration accounting for 20,5 percent of responses received. Access to account facilities was mentioned by 16,2 percent respondents, while price was listed as the…
Liquidations in the construction sector increased by 180 percent y-y during the month of August, mainly related to voluntary liquidations of CC’s. Overall liquidations are up 76 percent y-y during the first two months (July and August) of the 3rd quarter, while, by comparison, overall liquidations in the country by 26 percent during the same…
Retail trade sales of hardware, paint and glass fell by 3.0 percent y-y (constant prices) in July, marking the 13th consecutive month of decline. Sales fell by 7.7 percent y-y in the seven months to July 20222. Trade sales in the construction market significantly underperformed the overall market, as total retail trade sales (constant prices)…
The Estimated Tender Value index recorded its first positive growth in 6 months, up 2.9 percent m-m in August to 150.5, following an average month on month decline of 3.4 percent between February 2022 and July 2022. In real terms civil tender values are up a modest 1 percent y-y in the first eight months…
Private sector building approvals weakened during May 2026, with…
What is the Provincial Construction Pipeline? The Provincial Construction…
