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In this update we take a look at two of the most common ways in which floors of new and/or renovated houses are finished, and which of the two has the highest rate of inflation as measured by Statistics South Africa's Construction Material Price Indices.
Are tiling item prices increasing faster than that of screet/concrete flooring? We take a look below. |
Screet vs Tiling
The graphic below shows the year on year inflation rate for both screet/concrete flooring vs Tiling. And for the majority of the months in this graphic the inflation rate of screet flooring has been higher than that of tiling.
So why is it that screet/concrete floor finishes experience higher levels of inflation than tiling? Is the products used in it increasing at a faster rate than say ceramics/or clay and tile imports are increasing at?
Or are more and more South Africans going for the industrial look and finish and skipping past the problem of selecting the right tile and just getting the whole floor finished in a concrete/screet look?
Or are more and more South Africans going for the industrial look and finish and skipping past the problem of selecting the right tile and just getting the whole floor finished in a concrete/screet look?
The graphic below shows the actual price increases of cement and tiles over the last couple of years. And cement showed inflation rates far lower than that of tiles, although it has shown a spike in the last couple of months. But based on the graph above which showed the inflation rates of the different floor types, and the graphic below we believe suppliers of screet/concrete flooring has taken advantage of the popularity of such floors/finishes in recent years and has passed on significant price increases onto consumers who are all to willing to pay to have the screet finish look.
So now you know, if you want the fancy screet floor/concrete look, you might be taken advantage of just a little bit as suppliers cash in on the popularity of this flooring type.