By now, the log price index has fallen by nearly 20 percentage points compared to the record level it had reached in June. When you compare the index value with the previous month, it is currently 6.2 percentage points higher.
The lumber price index continued its downward trend in August, recording a decrease of 38 percentage points compared to the record month of May. Compared to July, the index value fell by a considerable 16.7 points. An even starker contrast can be seen in the year-on-year development. Compared to August 2021, the lumber price index plummeted by nearly 45 percentage points.
