Price increases

An email from the managing director of a construction company discussing price increases.

Select the best option from those shown.

The amount we pay for building supplies has increased substantially over the past few months, by global shortages and increased transportation costs.

We expect prices to continue to for the next year before stabilising.

Measures we're taking to the impact of price increases include sourcing alternative, more cost-efficient products where possible, and trying to secure better prices by to buy in larger quantities.

Despite these efforts, we still expect to have to pass on some of the cost increases to our customers in the of higher prices for the services we provide. Some projects may not be financially for our customers as a result, and so we may see a slowdown in activity levels.

Business English vocabulary exercises