Fuel price hikes worsen construction costs and may further increase house prices

The increase in fuel prices is having a severe impact on various essential activities, including civil construction. Construction materials are becoming more expensive due to rising manufacturing and transport costs, which are directly affected by the increase in fuel prices. This situation is putting pressure on the costs of the entire production chain in the construction sector. House prices, which are already at record values, may rise even further as a consequence of these increases in production and logistics costs.