In 2021, the inflation rate of the cost of steel products in Australia was 30.8 percent. This was the highest inflation rate of all construction materials in the country. On the other hand, construction materials like timber and metal products saw a inflation of 18.4 percent and 13.2 percent, respectively.
Inflation rate of construction material costs in Australia in 2021, by material
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CBRE Group. (May 10, 2022). Inflation rate of construction material costs in Australia in 2021, by material [Graph]. In Statista. Retrieved May 25, 2024, from https://www.statista.com/statistics/1308427/australia-construction-costs-inflation-by-material/
CBRE Group. "Inflation rate of construction material costs in Australia in 2021, by material." Chart. May 10, 2022. Statista. Accessed May 25, 2024. https://www.statista.com/statistics/1308427/australia-construction-costs-inflation-by-material/
CBRE Group. (2022). Inflation rate of construction material costs in Australia in 2021, by material. Statista. Statista Inc.. Accessed: May 25, 2024. https://www.statista.com/statistics/1308427/australia-construction-costs-inflation-by-material/
CBRE Group. "Inflation Rate of Construction Material Costs in Australia in 2021, by Material." Statista, Statista Inc., 10 May 2022, https://www.statista.com/statistics/1308427/australia-construction-costs-inflation-by-material/
CBRE Group, Inflation rate of construction material costs in Australia in 2021, by material Statista, https://www.statista.com/statistics/1308427/australia-construction-costs-inflation-by-material/ (last visited May 25, 2024)
Inflation rate of construction material costs in Australia in 2021, by material [Graph], CBRE Group, May 10, 2022. [Online]. Available: https://www.statista.com/statistics/1308427/australia-construction-costs-inflation-by-material/