Builders Merchants Building Index (BMBI)

Q2 2020 A tale of resilience and recovery

Source: GfK Builders' Merchant Point of Sale Tracking Data July 2014 - June 2020.

The BMBI results for Quarter 2 show the phenomenal resilience of the sector in action. April, May and June couldn't have been more different. April, in almost full lockdown, fell -76.5% year-on-year, May recovered to -39.9% as restrictions started to ease, and June grew +2.2%, helped by two more trading days this year, more relaxed restrictions and a booming Landscaping category.

Total Builders Merchants value sales in Q2 2020 (unadjusted for trading days) fell -38.6% compared with the same period in 2019. Landscaping the strongest performer, was down -13.3% over the same period. The two largest product categories - Heavy Building Materials and Timber & Joinery Products - fell -38.4% and -39.8% respectively.

News title: -    Q2 2020 A tale of resilience and recovery
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