Rising costs threaten building projects

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 98%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Inflation and high interest rates threaten slowdown, quantity surveyors say

“While Ireland is performing better than many EU countries, increasing energy costs and interest rates continue to be a major concern and are likely to impact the viability of some projects,” he says.

Irish construction is poised to grow 10.6 per cent this year and return to pre-Covid levels of activity in 2023, Linesight believes. Steel prices could fall by 1 per cent in the final three months of this year, the firm says, following significant inflation in recent months.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The green partys future

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BMW expects sales dent as inflation hits buying powerResilient demand and low inventories have allowed BMW and other carmakers to raise prices, but with recession risks rising and central banks raising interest rates, analysts have predicted that consumers will start reining in major purchases.
Source: RTEbusiness - 🏆 16. / 61 Read more »