March is another month in a row in which the PSB group. notes a decline in the average price dynamics of construction materials. In March 2024 to March 2023, their dynamics amounted to over minus 3%. In the wholesale channel, the price drop was -4.1%, while in the retail channel -2.6%. Comparing the month of March 2024 to February this year. prices were on average at the same level, but with a decrease (-0.8%).
- For another month in a row, we have recorded a decline in the average price dynamics of construction materials, say PSB experts.
- In March 2024 vs. until March 2023, their dynamics amounted to over minus 3%. In the wholesale channel, the price drop was 4.1%, while in the retail channel it was minus 2.6%.
- Comparing the month of March 2024 to February this year. prices were on average at the same level (-0.8%).
- Analyzing the data cumulatively (for the period January-March 2024 to 2023), their dynamics remains at the same level of minus 3%.
This is no longer a decline in the dynamics of rising prices of building materials, which in reality only means that prices are growing more slowly. The closer to the construction season, the more prices of building materials decline in March this year. not only compared to the period of 2023, but also compared to February 2024.
For another month in a row, we have recorded a decline in the average price dynamics of construction materials. In March 2024 vs. until March 2023, their dynamics amounted to over minus 3%. In the wholesale channel, the price drop was 4.1%, while in the retail channel it was minus 2.6% – emphasize PSB experts. – Comparing the month of March 2024 to February this year. prices were on average at the same level (-0.8%). Analyzing the data cumulatively (for the period January-March 2024 to 2023), their dynamics remains at the same level of minus 3%.
Prices of construction materials in March 2024 vs. 2023 increased only in 4 groups
Commodity prices in March 2024, compared to March 2023, increased only in 4 commodity groups: paints, varnishes (+3%), cement, lime (+2%), joinery (+0.1%) and construction chemicals (+0.04%).
The price drop occurred in 16 groups: equipment, household appliances, automotive and tiles, bathrooms, kitchens (-1% each), decorations, installations, heating and tools (-2% each), waterproofing, walls, chimneys and lighting, electricity ( -4% each), garden and hobby and thermal insulation (-5% each), dry construction, house surroundings and finishing (-7% each), and roofs, gutters (-8%). The largest decline occurred in the OSB and wood category (-23%).
We compare the prices of building materials from March to February 2024.
In turn, the prices of construction products in March 2024, compared to February this year, increased slightly in 5 commodity groups: thermal insulation and walls, chimneys (+2%), cement, lime (+1%), paints, varnishes (+0.3%) and garden and hobbies (+0.2%).
Prices dropped in 15 groups. Prices dropped by approximately 1% in the following categories: home surroundings, furnishings, household appliances and decorations. In the following groups, they decreased by 2%: tiles, bathrooms, kitchens, carpentry, installations, heating, construction chemicals, lighting, electricity, drywall, automotive and tools.
The largest declines occurred in the following categories: waterproofing and finishing (-3% each) and OSB boards, wood and roofs, gutters (-4% each).
However, for the period January-March 2024 vs. the same period in 2023, there was an increase in prices in 5 commodity groups, with the largest increase in cement and lime (+10%).
Other groups were as follows: paints, varnishes (+4%), construction chemicals (+1%), and prices increased slightly in the following categories: carpentry and automotive. Meanwhile, price declines occurred in 15 groups: furnishings, household appliances (-0.2%), decorations, tiles, bathrooms, kitchens (-1% each), installations, heating and tools (-2% each), waterproofing and garden and hobby (-3%), lighting, electricity (-4%), house surroundings (-5%), walls, chimneys (-7%), finishing, drywall and roofs, gutters (-8% each) and thermal insulation (-9%). And the largest price drop occurred in OSB boards and wood (-23%).
– .
