Significant rebound in construction: third consecutive month of increases in sales of supplies

The construction supplies market registered a 10.4% increase in April, marking its third consecutive month of recovery , according to the Construya Group on Friday . The improvement occurred in a context of greater economic stability and marked a year-over-year growth of 25.8%.

The Construya Index (CI) tracks sales of key materials by leading private sector companies. It also revealed a 10.9% increase in the first four months compared to the same period in 2024.

The data reflect a gradual improvement in activity, driven especially by private projects: expansions, renovations, and real estate projects underway. The upturn occurs despite the almost complete halt of national public works and with only a few provincial projects underway. The companies included in the index—including ACERBRAG, Ferrum, PEISA, and ParexKlaukol—supply inputs such as bricks, cement, plumbing fixtures, carpentry, paints, and boilers.

Construya warned that the recovery could be consolidated if the fiscal surplus is maintained and uncertainty is reduced. "The macroeconomic environment is key to sustaining the pace of sales," they stated.

The latest official data available corresponds to March and was released by INDEC. The Synthetic Indicator of Construction Activity (ISAC) recorded a 15.8% year-on-year increase that month, although it showed a monthly decline of 4.1% in the seasonally adjusted series.

Of the first three months of the year, February closed with an increase and January with a decrease. Thus, the first quarter saw a cumulative increase of 5.6%, but without a clear trend. In contrast, the April CI forecasts a possible stronger recovery in the second quarter.

The possibility of a revival in mortgage lending is another factor that could boost the sector. Although still in its infancy, housing demand in large urban centers is keeping developers and investors active, but for now, they are proceeding cautiously.