Construction Market Report Q3 2023

Posted on 31 October 2023 | Company News | Knowledge

Our construction market report reviews the current state of the construction industry, including a review of industry forecast inflation and our own predictions. Highlights of this month’s report are still anticipating an increase rise next month before gradually declining over the next 5 years and plateauing at around 3.75%. We are expecting construction inflation to be 4% from 3Q 2022 to 3Q 2023, we expect this to level out at 3% over the coming two years.