Wage rises likely to add to construction cost pressures

Date: 21 Apr 2022

Labour costs could be on course to rise in the construction industry as some firms in the sector report difficulties in recruiting staff.

According to the latest Purchasing Managers’ Index from BNP Paribas Real Estate Ireland, wage pressures in the sector have remained “well contained” so far with 23,300 more construction workers being hired last year.

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