The Builders Merchants Building Index (BMBI) report, published in October, shows builders’ merchants’ sales to builders and contractors continuing to recover in August, but at a slower pace compared to the previous two months.
Britain’s builders’ merchants sales to builders and contractors bounced back strongly in the three months May to July, as reported in July’s BMBI report.
The BMBI results for Quarter 2 show the phenomenal resilience of the sector in action. April, May and June could not have fared more differently.
The latest figures from the May Builders Merchant Building Index (BMBI) report reveal a sharp rise in sales as lockdown restrictions ease and trades return to work.
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.
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.