The latest data released in the BMF’s Builders Merchant Building Index (BMBI) confirms total Q1 2018 sales were up 0.4% on Q1 2017. Quarterly growth was driven by Timber (+2.3%), alongside Plumbing and Heating (+8.0%), Kitchens and Bathrooms (+3.6%), Ironmongery (+2.1%), and Decorating (+1.2%) – all suggesting that work stayed inside due to the poor weather.
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 Q1 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 – March 2018.