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What is Impact of Inflation on Material Costs about?
This document summarizes a journal article that investigated the impact of inflation on building materials prices in the construction industry. The study analyzed the correlation between inflation rates and prices of various building materials like cement, steel, bricks, and others. It was revealed that significant positive and negative relationships exist, showing that changes in inflation affect materials prices and can result in deviations from initial project budgets. To mitigate cost overruns, the stud
- Author
- Thushara Bandara
- Language
- EN