Construction Material Prices Spike Again in Early 2025

The first quarter of 2025 has seen a 12% increase in the price of key materials including bricks, steel, and insulation. Contractors are warning that smaller firms may not survive unless action is taken.

The Construction Products Association has called for urgent government intervention to stabilise supply chains and reduce import tariffs.

“Volatility is hurting long-term planning,” said CPA Director John Newcomb.

Some firms are stockpiling materials, while others are renegotiating fixed-price contracts.