Material prices shot up nearly 5% in July

By Tom Lowe2021-09-02T14:39:00

Product costs now up more than 20% on last year, according to official figures

Material prices increased by 4.5% last month while the price of some types of imported timber rose by some 23% in July.

Prices for imported plywood in July were nearly 82% higher than they were in August 2020, according to the latest figures from the Department for Business, Energy and Industrial Strategy.

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