On German construction sites, prices have risen faster than they have in more than 50 years.
According to the Federal Statistical Office, prices for construction work including VAT were 17.6 percent higher in May than a year earlier.
That was the highest increase since May 1970, when they rose 18.9 percent year-on-year, the agency reported on Friday.
In the previous reporting month of February 2022, the increase was 14.3 percent.
Reasons are scarce and expensive materials as well as high demand.
The price increase was particularly strong for metal construction work (+23.6 percent) and concrete work (+23 percent).
Below-average increases were recorded for earthwork (+14.8 percent) and masonry work (+12.8 percent).