ADVERTISEMENT

Construction Materials Could Become Even More Expensive

Construction

Photo by stockcreations / Shutterstock.com

Construction materials may already become more expensive than inflation by the first quarter, writes piacesprofit.hu.

According to the president of the Building Materials Trade Section of the National Association of Construction Contractors, the increased road tolls from January 1, in addition to formerly free roads becoming toll roads will make transportation more expensive.

He also noted that increasing the excise tax on diesel will further raise transportation costs.

He noted that this demands an additional price increase of 2% on average.

Watchdog Fines OTP Bank for Regulatory Shortfalls Banking

Watchdog Fines OTP Bank for Regulatory Shortfalls

Gov't Launches HUF 150 bln Job Placement Scheme for Over-30s Government

Gov't Launches HUF 150 bln Job Placement Scheme for Over-30s

Biggeorge Adds 2 New Directors to Top Management Appointments

Biggeorge Adds 2 New Directors to Top Management

Tastin' France 2024 Wine Event Coming in June Drinks

Tastin' France 2024 Wine Event Coming in June

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.