Investor Presentaiton
Inflation clear in construction sector
Increased material costs obvious along but construction costs have softened
Materials up 11.7% year-on-year in April possibly impeding
new development, but inflation may have peaked
25
Labour costs in construction have eased but still remain
above long run average
20
15
Jo
10
ம
10.0
5.0
0.0
୪୧
-5.0
-10.0
I
I
-15.0
2022
2016 2017 2018 2019 2020 2021
- Industrial Price Index (materials and wages, y-o-y %)
All building materials (y-o-y %)
I
2010 2012 2014 2016 2018 2020 2022
- All NACE Economic Sectors
Construction
Source: CSO
Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta
National Treasury Management Agency
RHS = weekly earnings on a 4Q yearly growth rate
Source: CSO
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