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CN Chart of the Week: Brick deliveries and stocks hit three-year high pre-Brexit

Brick deliveries and stocks hit a nearly three-year high in the second quarter of the year, according to statistics from the Department for Business, Energy & Industrial Strategy.

Brick deliveries for the quarter hit 491.8m, up 10.4 per cent quarter on quarter and up 3.6 per cent year on year.

The level of deliveries was also the highest recorded since the 498m bricks delivered in Q3 2013.

In June, brick deliveries rose to 170.1m, the highest level so far this year, and the highest number of brick deliveries recorded in one month since October 2013, when deliveries hit 174.8m.

However, the figures largely reflect a period before the EU referendum and the vote to leave, which has been predicted to have an impact on housebuilding.

Nevertheless, brick stocks were also at a high point, reaching 627.7m in Q2 2016, up 39 per cent year on year.

It also represents the highest level of brick stocks since 2010, and is nearly double the levels seen at the end of 2013 – stocks are 84.9 per cent higher in Q2 2016 than they were in Q4 2013.

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