Construction market has reached peak and energy costs mean ‘darker turn’, warns Arcadis

By Daniel Gayne2022-09-13T06:00:00

Recovery from covid gone as far as possible with energy prices set to eat into industry’s growth

The post-covid recovery has reached its peak and market conditions are about to take a “much darker turn”.

That’s the warning from consultant Arcadis in its quarterly analysis of the construction market, which forecast inflationary pressures to continue throughout 2023 as a result of soaring energy prices.

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