April’s BMBI report is unlike any other; the Government enforced COVID-19 lockdown came late in March, so had a limited impact on that month. However, April took the full force
Builders’ Merchants’ sales to builders and contractors in the first quarter of 2020 were knocked by the COVID-19 pandemic and Government measures to contain the virus, explain the BMBI.
Having endured three and a half years of Brexit turmoil, the country now faces a far bigger challenge and greater uncertainty, explain the BMBI.
According to BMBI, total Builders’ Merchant value sales in January 2020 were down -2.6% compared to January 2019.
The latest report from BMBI shows total Builders’ Merchant value sales in Q4 2019 were -4.0% down compared with the same quarter in 2018.
Total Builders’ Merchants’ value sales to builders and contractors in November 2019 were down -7.4%, compared with the same month in 2018. On one less trading day, average sales a day dropped -3.0%.
Total Builders’ Merchants’ value sales to builders and contractors were down -0.8% in quarter three compared to the same period last year, BMBI stats show.
After a strong start to the year, growing uncertainty around Brexit has led to a marked slowdown in merchants’ sales according to BMBI.
The Builders Merchant Building Index, a joint enterprise between GfK, the Builders Merchants Federation and MRA Marketing, has been shortlisted for two CMAs.
MRA Research, the specialist research division of full service marketing agency MRA Marketing, has been shortlisted for three awards in this year’s prestigious CMAs.