‘If the Iran war goes on, then so will the hikes,’ say industry insiders, adding ‘construction will grind to a halt’
Manufacturers and suppliers of crucial building materials to the Irish building sector are preparing large and immediate price hikes. Photo: Getty
Fearghal O’Connor and Sean Pollock
Yesterday at 06:30
The housing and construction sector is facing “a bloodbath” of cost increases as the price of oil continues to rise and Donald Trump and Benajmin Netanyahu’s war in Iran continues to escalate.
Manufacturers and suppliers of crucial building materials to the Irish building sector are preparing large and immediate price hikes, they have told the Sunday Independent.