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Construction material growing scarce

Construction materials are becoming a scarce commodity in Slovakia, meaning it's growing more expensive and taking longer to deliver, the Sme daily reported on July 11.

Several products have been bought out by big construction firms for several months in advance.

The retail price of cement has jumped by one-third since the beginning of the year. Instead of the usual two-week delivery period, the waiting time is now three months.

The situation was caused by a construction boom. As a result, factories producing construction material are unable to satisfy demand even if they run at full capacity.

Producers expect demand for construction materials to significantly exceed the supply for two more years.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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