The perfect storm: Inflation and the construction sector ...United Arab Emirates

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The perfect storm: Inflation and the construction sector
source : ME CONSTRUCTION NEWS ( United Arab Emirates ) () 11
To what extent are the rising prices of commodities and essential building materials impacting the construction sector? Ben Jackson, head of Project & Development Services MEA for leading real estate market-maker JLL, has just published his new insights, tracking these all-important inflation rates. He asks very pertinent questions about their consequences for real estate, project construction and development in the MENA region. We see, firstly, that a cluster of factors are currently coming together, with an all-too-apparent ‘perfect storm’ pushing up the rate of inflation to its fastest for more than a decade. With the Economist magazine recently citing inflation as one of the three major

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