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The Estimated Tender Value index moderated in February to 153.9, down 7.1 percent m-m, although levels remain well above the same time last year, up by 28 percent. Overall there was no change in the nominal value of civil tenders released during the 1st quarter of 2022 compared to the same period in 2021, but…
Manufacturing Production (seasonally adjusted index 2015=100) fell by 1.1 percent m-m in February 2022 following a 0.8 percent drop in January. Manufacturing of sawmilling and planing wood decreased by 1.1 percent, basic iron and steel products increased by 0.7 percent while production of glass and non-metallic products rebound with a 7 percent m-m increase.
According to Stats SA, materials used in the South African construction sector increased by 13.2 percent y-y in February 2022, from an annual increase of 14.5 percent in January. Several materials recorded double digit increases including paint, pipes, tubes and fittings, vinyl sheeting, bituminous mixtures, and steel.
Cement volumes imported slowed in February by 24 percent to just over 68 000 tons, mainly from Vietnam. Imports in February were also lower by 19 percent y-y compared to the same month in 2021.
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,…
Construction employment (including the formal and informal markets) fell by 2.1 percent q-q in 2021Q4, with a 5.6 percent drop in the formal sector and a 4.0 percent increase in the informal construction sector. Source Stats SA Labour Force Survey. Latest statistics are available for download to subscribers.
Liquidations in the construction sector was unchanged in February 2022 compared to the same period in 2021, but a strong increase in January resulted in a 50 percent y-y increase in the first two months of 2022. This compares to an overall increase of 2 percent in total liquidations across all sectors during the same…
Capital expenditure by metropolitan areas on key departments important to the construction sector, fell by 10.6 percent y-y in real terms in the 2nd quarter of 2021/22 (as at December 2021). A full breakdown by Metropolitan area and department (including housing, water, energy and roads) is available and can be downloaded via user access codes.
CPI was unchanged at 5.7 percent in February 2022, as regulated administered prices slowed to 16.7 percent
Private sector building approvals weakened during May 2026, with…
What is the Provincial Construction Pipeline? The Provincial Construction…
