The Construction Leadership Council (CLC) has warned that cement, some electrical components, timber, steel and paints are all in short supply. The Office for National Statistics has projected a rise of 7-8 per cent in material prices this year, with increases for certain materials, such as timber, expected to more than double. These increases are down to a number of factors including construction industry projects having surged since lockdown, leading to huge demand for already scarce materials.
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