Total Builders Merchants fourth quarter sales were a respectable 3.1% higher than in Q4 2017 but look closer and things were less encouraging. The quarter started well, with October sales up 6.8% year-on-year. However November only grew by 0.8% and, as this latest report shows, December was only 1.0% higher than December 2017. Factor in inflation and volumes will have been lower.
The Builders Merchant Building Index (BMBI) tracks builders’ merchants’ actual sales to builders and contractors using GfK’s Builders’ Merchant Point of Sale Tracking Data. The BMBI represents over 80% of the value of the builders' merchants' market.
Visit www.bmbi.co.uk/the-index-quarterly to see the full Q4 2018 report. Read trends, analysis and industry issues from our panel of construction industry experts.
Source: GfK Builders' Merchant Point of Sale Tracking Data July 2014 - December 2018.
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