Our 15th International construction market survey is now live: https://bit.ly/4c5qRn2 Covering 91 global markets, the research provides a global outlook on cost trends in the construction sector. Our 2024 report shows construction markets emerging from a challenging period of inflationary pressure, volatility and disruption. Despite the tough conditions, the construction sector has proved resilient with steady levels of activity in most markets and key sectors such as advanced manufacturing, data centres and healthcare holding up demand. Our data points to slowing construction cost inflation over the past 12 months. Although risks remain and skills challenges widely persist, greater pricing stability increases confidence and allows fresh investment to flow into construction pipelines. Read this year’s report to access the latest construction data and insights. #construction #economics #inflation
Very informative
I agree!
Insightful!
(Corporate/business advisor on Asean mrt & subway development/contract management :having project experience in China, Asean, UAE, Australia) focusing on infrastructural/ subway, commercial/contracts role
3wInfo on the construction cost in most cities doesn't consider the construction of mass rapid transit and subways