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Monthly Statistics of Building Materials and Components Commentary, June 2022 Coverage: UK and Great Britain Geographical Area: Country, region and county 6 July 2022 National Statistics Headline Findings The material price index for ‘All Work’ increased by 27.2% in May 2022 compared to the same month the previous year. There was a 1.8% increase in seasonally adjusted brick deliveries in May 2022 compared to the same month the previous year. There was a 1.3% increase in seasonally adjusted block deliveries in May 2022 compared to the same month the previous year. Chart 1: Construction Material Price Indices, UK Index, 2015 = 100 Responsible statistician: Amy Symes-Thompson Email: materialstats@beis.gov.uk Media enquiries: 020 7215 1000 Public enquiries: +44 (0)7879 868 202 Next publication: 3 August 2022 Monthly Statistics of Building Materials and Components – June 2022 Contents Introduction _______________________________________________________________ 3 Seasonal Adjustment Review________________________________________________ 3 Summary of Results_________________________________________________________ 4 Material Price Indices ______________________________________________________ 4 Cement and Clinker _______________________________________________________ 5 Sand & Gravel ___________________________________________________________ 6 Concrete ________________________________________________________________ 7 Bricks __________________________________________________________________ 8 Blocks __________________________________________________________________ 9 Imports and Exports of Construction Materials __________________________________ 10 Economic Background ______________________________________________________ 12 Business Insights ________________________________________________________ 12 Construction Output ______________________________________________________ 13 Bank of England Summary of Business Conditions ______________________________ 13 Gross Domestic Product Estimate ___________________________________________ 14 Gross Domestic Product Forecast ___________________________________________ 14 Construction Output Forecasts ______________________________________________ 14 Manufacturing ___________________________________________________________ 16 Accompanying tables _______________________________________________________ 17 Technical information _______________________________________________________ 18 Definitions _______________________________________________________________ 20 Further information _________________________________________________________ 20 Future updates to these statistics ____________________________________________ 20 Related statistics ________________________________________________________ 20 Revisions policy _________________________________________________________ 21 Uses of these statistics ____________________________________________________ 21 User engagement________________________________________________________ 21 National Statistics designation ______________________________________________ 21 Contact ________________________________________________________________ 22 2 Monthly Statistics of Building Materials and Components – June 2022 Introduction This commentary accompanies the latest Monthly Statistics of Building Materials and th Components data tables, published on the BEIS building materials web page on 6 July 2022. It provides an overview of recent trends in the data presented in the tables. The data tables present the latest detailed information on selected building materials and components. They cover the following building materials statistics: Construction material price indices (monthly, UK) Sand and gravel sales (quarterly, GB*) Slate production, deliveries and stocks (quarterly, GB) Cement and clinker production, deliveries and stocks (annual, GB) Bricks production, deliveries and stocks (monthly, GB*) Concrete building blocks production, deliveries and stocks (monthly, GB*) Concrete roofing tiles production, deliveries and stocks (quarterly, GB) Ready-mixed concrete deliveries (quarterly, UK) Values of overseas imports and exports trades for selected materials and components for use in construction (quarterly, UK) Value of EU and Non-EU Trade for selected materials and components for use in construction (annual, UK) Note: * Regional figures available These statistics support analysis of the construction materials market and business planning. They are regularly reported in the construction press and are used for a variety of purposes, including policy development and evaluation concerning the construction products industry, as well as monitoring market trends. Further detail is available in this document under Uses of these statistics. Seasonal Adjustment Review Seasonally adjusted series for deliveries of bricks, concrete blocks, ready-mixed concrete and sales of sand and gravel are published in the data tables. The purpose of correcting the reported series is to allow for seasonal factors such as winter weather (including the reduction in hours of daylight, and frost and rain) and other seasonal events such as Christmas and Easter. Thus, seasonally adjusted figures show the underlying trend more clearly. Further information can be found in this document under Technical Information. 3 Monthly Statistics of Building Materials and Components – June 2022 Summary of Results Material Price Indices Chart 2: Construction Material Price Indices, UK Index, 2015 = 100 Year-on-year change Month-on-month change (May2021 to May2022) (April 2022 to May 2022 New Housing 23.0% New Housing 2.5% Other New Work 30.1% Other New Work 4.4% Repair & Maintenance 25.5% Repair & Maintenance 2.5% All Work 27.2% All Work 3.7% Looking at the longer-term change, the material price index for ‘All Work’ increased by 27.2% in May 2022 compared to the same month the previous year. From 1st April 2022 most users of red diesel have been taxed at the standard rate for diesel, following the removal of the entitlement to use red diesel and rebated biodiesel from most sectors. This will result in a small step change in the material price indices values. The Building Cost Information Service (BCIS) have published information describing the changes and their impacts on price indices. 4
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