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UK construction suffers as house building hits 2009 lows
The UK’s construction industry had a tough month recently, especially in house building, which saw its weakest performance since 2009.
Building projects were reduced bec...
Posted: 12th Oct 2023
Obtaining EUDR compliance - Deeplai.com - Fully EUDR compliant
The global demand for timber and wood products has surged in recent years, but so has the concern
for the environmental impact of deforestation and illegal logging. A transpar...
Posted: 20th Sep 2023
Compare the market in seconds for the best deal
Once registered, timber buyers can quickly and easily compare product options on WoodScanner.com from a wide range of suppliers. Simply select what type of timber you need and...
Posted: 10th Sep 2023
UK inflation slips to 6.8%, aiming to balance future rate rise
In the UK, inflation witnessed a significant drop in July, hitting a 17-month low due to notable decreases in energy prices.
The consumer price index’s annual inflation ...
Posted: 28th Aug 2023
Wood prices dip amidst cooling housing construction in Europe
European apartment completion rates are forecasted to diminish by 2025, and Germany predicted to decrease by 32%
Prospects for residential construction in Germany point to a s...
Posted: 21st Aug 2023
UK's housing prices fell by 3.8% in July
In July, the UK suffered the biggest home price drop since 2009 as prices fell by 3.8% compared to Jul 2022 due to soaring interest rates.
Higher interest rates pushed mor...
Posted: 10th Aug 2023
Morgan Direct joins the WoodScanner community
Morgan Direct specialise in the import and distribution of sawn and planed softwoods and laminated oak products. Supplied from the Nordic countries, Latvia & Poland. They ...
Posted: 24th Jul 2023
Britain's economy to stall due to high inflation - indicating signs of recession
The monthly overall business activity across the services and manufacturing sectors was unchanged on the 15-month low of 53.1 reached in May but a reading beyond 50 means priv...
Posted: 17th Jul 2023
US lumber prices increase in June due to higher housing construction
In June, the price of standard lumber grew by 7% to $436 mfbm from the previous week when it was $406.
In terms of months, prices grew by 22% from May but compared to the same...
Posted: 6th Jul 2023
UK home prices saw drop of 3.1%
In the first 3 months of 2023, UK home prices fell annually by 3.1% compared with a 1% drop in Germany, a 2.7% rise in France, 1.1%, and a 3.1% rise in Italy and Spain.
Consum...
Posted: 30th Jun 2023
Driving Digital Innovation: Meeting of Timber Industry Leaders
Driving Collaboration and Innovation: A Successful Second Meeting of Timber Industry Leaders
Today marked an important milestone for our community as we held our second m...
Posted: 16th Jun 2023
Germany slips into recession as GDP falls 0.3% for the 2nd straight quarter
In Q1 2023, Germany’s GDP fell by 0.3% for the 2nd second consecutive quarter and slid into recession.
Low energy supplies from Russia raised prices, fueling inflation.
...
Posted: 12th Jun 2023