PSB analyzed the prices of construction materials. In June 2024 to June 2023, the price dynamics amounted to minus 1.3%. In the wholesale channel, the price drop was 0.4%, while in the retail channel it was minus 1.9%.
Comparing the month of June 2024 to May this year. the average price of materials has not changed, but this is the peak construction season. During this period, prices of building materials usually increase rather than stagnate.
PSB experts, analyzing the data cumulatively (for the period January-June 2024 to 2023), found that the price dynamics of construction materials remains at a record low level of minus 2.7%.
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PSB compares prices of construction materials June 2024 vs June 2023
Commodity prices in June 2024, compared to June 2023, increased in 6 commodity groups: cement, lime (+4%), OSB boards, wood (+3%), paints, varnishes (+2%), walls, chimneys (+1%), automotive (+0.4%) and house surroundings (+0.3%). Prices dropped in 14 categories. Prices dropped to 1% in the following groups: construction chemicals, joinery and equipment, and household appliances. In the subsequent groups, the declines were as follows: installations, heating, thermal insulation, tiles, bathrooms, kitchens and lighting, electricity (-2% each), tools, waterproofing and decorations (-3% each), garden and hobbies (-4% each) ), drywall (-5%) and finishing (-6%). The largest decline occurred in the roofs and gutters category (-7%).
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PSB compares prices of construction materials June 2024 vs May 2024
Product prices in June 2024, compared to May this year, increased in 11 commodity groups. The largest increase occurred in the OSB and wood category (+7%). Prices increased by up to 1% in the following groups: house surroundings, installations, heating, cement, lime, joinery, walls, chimneys, paints, varnishes, tools, waterproofing, lighting, electricity and garden, hobby. Prices dropped to 1% in 9 groups: tiles, bathrooms, kitchens, automotive, decorations, finishing, furnishings, household appliances, construction chemicals, dry construction, roofs, gutters and thermal insulation.
Comparing the month of June 2024 to May this year. the average price of materials has not changed, but this is the peak construction season. During this period, prices of building materials usually increase rather than stagnate. Source: PSB
Prices of building materials January-June 2024 vs January-June 2023
However, for the period January-June 2024 vs. the same period in 2023, there was an increase in prices in 3 commodity groups, with the largest increase in cement and lime (+5%), and the prices of paints and varnishes increased by 3%, and the prices of paints and varnishes increased by 1%. % construction chemicals. Prices in the automotive category have not changed. Meanwhile, price drops occurred in 16 categories. Prices dropped to 1% in the following groups: woodwork and equipment, household appliances. Next in order were: decorations, tiles, bathrooms, kitchens and installations, heating (-2% each), tools, waterproofing and lighting, electricity (-3% each), walls, chimneys, house surroundings and garden, hobbies ( -4% each), thermal insulation, dry construction and finishing (-6% each), and roofs, gutters (-7%). And the largest price drop occurred in OSB boards and wood (-15%).
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