21st October 2022

The latest Builders Merchant Building Index (BMBI) report reveals that builders’ merchants’ value sales were +10.0% up in August 2022 compared to the same month in 2021. But volume sales were down -4.2% with +14.8% price inflation driving growth.

All bar one category sold more in August 2022 compared to the previous year. Nine categories outperformed Merchants overall with Renewables & Water Saving (+27.3%) and Kitchens & Bathrooms (+26.9%) leading the field. Timber & Joinery Products (-5.7%) sold less. With an extra trading day in August 2022, like-for-like sales were +5.0% higher.

Compared to August 2019, a more normal pre-pandemic year, total merchant value sales were +29.9% higher. Volume sales were down -1.2% while prices were up +31.5%. With one extra trading day this year, like-for-like sales were up +24.0%. Three of the twelve categories grew more than total Merchants with Timber & Joinery Products (+39.9%) the strongest. Landscaping (+35.8%) and Kitchens & Bathrooms (+30.5%) also did better. Heavy Building Materials (+29.6%) grew marginally more slowly, ahead of Plumbing, Heating & Electrical (+18.2%) and other categories.

You can download the full report here.

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