Adreani on Monday again cited market conditions in his request for a delay -- from building material costs and supply chain issues to rising mortgage rates and fears of recession.

Source: https://www.dailyherald.com/news/20230418/bears-to-blame-developer-cites-stadium-proposal-for-delay-in-arlington-heights-project

And that was really a function of the fact that the material costs had increased so much with chip and other component shortages as well.

Source: https://seekingalpha.com/article/4650986-rxsight-inc-rxst-q3-2023-earnings-call-transcript?source=feed_all_articles

A spokesperson for Lindt & Sprüngli, another brand identified by Carrefour for shrinking its products, said its prices had gone up on average by about 9.3% in line with rising raw material costs.

Source: https://www.bbc.co.uk/news/business-66809188?at_medium=RSS&at_campaign=KARANGA

By using this service, a restaurant can reduce its food waste by 25-50%, which means a reduction of around 3-7% in raw material costs.

Source: https://www.marketscreener.com/quote/stock/KESKO-OYJ-1412478/news/Kesko-Oyj-Kespro-launches-cooperation-with-Hukka-AI-ndash-food-waste-management-service-helps-res-42700990/?utm_medium=RSS&utm_content=20230110

Despite this, material costs are now climbing, particularly Chinese-sourced steel.

Source: https://agmetalminer.com/2023/02/22/construction-mmi-bar-fuel-drops-steel-prices-edge-up/

Even with challenges brought about by higher raw material costs and operating expenses, the company more than doubled its attributable profit to P1.8 billion from P869 million in the previous year.

Source: https://businessmirror.com.ph/2023/04/14/inflation-bites-into-income-of-alliance-global-in-2022/

Net earnings for the Manufacturing segment increased $3.8 million over 2021, driven by an 18% increase in revenues driven by higher sales volumes and increase in steel material costs at BTD.

Source: https://seekingalpha.com/article/4578467-otter-tail-corporation-ottr-q4-2022-earnings-call-transcript?source=feed_all_articles

One potential remedy to deal with rising material costs is adding a materials inflation clause to your contracts that either places the responsibility with the project owner, or at the very least the owner and contractor sharing the additional expense.

Source: https://www.insurancejournal.com/blogs/iat/2023/01/26/704433.htm

Specialty glass maker Corning Inc beat profit estimates for the first quarter on Tuesday as price hikes more than made up for higher raw material costs and a demand slowdown.

Source: https://www.channelnewsasia.com/business/apple-supplier-corning-rides-price-hikes-beat-profit-estimates-3442701?cid=cna_flip_070214

Supply chain disruptions which started during the global pandemic have been exacerbated by the Ukraine war while higher shipping rates, raw material costs, interest rates and inflation have dented profits for some wind developers.

Source: https://gcaptain.com/wind-power-industry-blown-off-course/

The year-over-year decrease was primarily driven by 520 basis points of higher freight and raw material costs and 40 basis points from the adverse impact of exchange rates partially offset by higher average unit retail.

Source: https://forextv.com/top-news/abercrombie-fitch-co-reports-fourth-quarter-and-full-year-results/

With falling raw material costs likely to slow inflation in coming months, the BOJ must avoid tightening monetary policy prematurely to ensure Japan sustainably achieves its 2 per cent target, Ueda told a group interview with media on Thursday.

Source: https://www.channelnewsasia.com/business/bojs-ueda-says-targeting-shorter-duration-bond-yield-among-future-options-3514916?cid=cna_flip_070214