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Wed August 10 2022

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Latest BMBI reveals sales up, but volume down

28 Jul Builders Merchant Federation (BMF) Builder Merchants Building Index (BMBI) reveals builders’ merchants’ sales were up in May 2022, driven more by rising prices than volume sales year-on-year.

The latest Builders Merchant Federation (BMF) Builder Merchants Building Index (BMBI) reveals builders’ merchants’ sales were up +14.8% in May 2022 compared to the same month in 2021, driven more by rising prices (+17.8%) than volume sales (-2.5%) year-on-year.

All categories sold more in May 2022 compared to the previous year, with Kitchens & Bathrooms increasing the most (+29.7%). Six other categories fared better than merchants overall including Plumbing, Heating and Electrical (+21.6%), Heavy Building Materials (+20.6%) and Decorating (+16.5%).

Tools (+11.9%), Ironmongery (+11.3%), Timber & Joinery Products (+6.8%) and Landscaping (+5.1%) grew more slowly.

Like-for-like sales, which take account of the extra trading day in May 2022, were 9.1% higher.

Compared to May 2019, a more normal pre-pandemic year, total merchant value sales were 23.9% higher with one less trading day in the most recent period. All categories sold more, with three outperforming total merchants: Renewables & Water Saving (+50.8%), Timber & Joinery Products (+36.8%) and Landscaping (+33.0%).

Like-for-like sales were up +30.1%, while price inflation hit +30.0% and volumes were down -4.7%.

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 and represents over 80% of the value of the builders' merchants' market.

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MPU
MPU

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