CPA downgrades output growth forecast by nearly a quarter for 2022

Steel plant

Autumn forecast blames ongoing supply issues as rising energy prices add to industry’s woes

Growth in construction output will be almost a quarter down on previous forecasts next year, the Construction Products Association has said.

In its latest industry prediction, the CPA has revised its growth forecast down from 6.3% to 4.8% because of supply chain issues.

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