CPA - UK Construction Update

The latest CPA update is now available in the CFA members area. 

This update focuses on the impacts of the Ukraine war, with interesting analysis and predictions such as:

“As a result, we anticipate that inflation will rise above 8.5% in the Spring and remain stubbornly high in Summer.”

“Whilst the focus is primarily on the impact on construction products, the rise in general inflation will lead to upward pressure on wages for labour in the construction supply chain. Occupations, particularly trades that are already in high demand, are likely to push robustly for higher wage rises to ensure that their real wages do not fall during a period of strong general price inflation.”

Log in here to read the full update.