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…
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.
CPI breached the Reserve Bank’s upper target and increased by 6.5 percent y-y in May 2022 from 5.9 percent in April.
The March 2022 aggregated municipal creditors age analysis showed that 70.5 percent of total payments to creditors were still outstanding after 90 days, an increase from 68.1 percent in the previous quarter, and a significant deterioration from an average of 23 percent in 2013. In rand terms, municipalities still owe creditors R57.2bn after a period…
Cement imports more than doubled in April compared to March, to 113 448 tons, largely from Vietnam. Overall imports fell by 26.4 percent y-y in the first four months of 2022.
The Business Confidence Index slipped to 42 in the 2nd quarter of 2022 from 46 the previous quarter, as close to 60 percent of respondents to the survey showed levels of pessimism regarding current business conditions. Higher levels of load shedding in April certainly played a key role (as this survey is conducted in mid-quarter,…
Private sector building approvals weakened during May 2026, with…
What is the Provincial Construction Pipeline? The Provincial Construction…
