Home » Economy » Faced with inflation, the construction industry is burying fixed-price contracts

Faced with inflation, the construction industry is burying fixed-price contracts

Prices for steel, wood, insulation, plastics, fuels and lubricants have soared, putting the construction sector in Switzerland to the test. A phenomenon accentuated by the outbreak of war in Ukraine. The price of rebar jumped in the second quarter of 2022 by 87% year on year. Plastic tubes (+19%), squared timber (+14%), bitumen (+12%) also increased, but to a lesser extent. Diesel, for its part, increased by 45% on average.

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