Uganda’s Construction Sector Inflation Rises by 1.2% Annually, Driven by Key Material Price Changes – Nile Post

Uganda’s construction sector is experiencing an annual inflation rate increase of 1.2%, largely due to changes in key material prices. This rise in inflation is impacting the overall cost of construction projects in the country. The price changes in materials such as cement, steel, and timber are driving this increase in construction sector inflation. As a result, stakeholders in the industry are closely monitoring these price changes and their impact on project budgets. The construction sector plays a vital role in Uganda’s economy, and any fluctuations in inflation can have significant effects on the sector as a whole. It is important for players in the industry to stay informed and adapt to these changes in order to navigate the current economic landscape.

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