Builders’ merchants’ value sales were virtually flat (+0.2%) in July 2022 compared to the same month in 2021, according to the latest report from the Builders Merchant Building Index (BMBI).
Continuing the trend of recent months, volume sales were down (-12.8%) yet price inflation remained high (+15.0%).
Ten of the 12 categories sold more in July 2022 compared to the previous year, including nine which outperformed Merchants overall. Renewables & Water Saving (+25.5%) Workwear & Safetywear (+20.2%), Kitchens & Bathrooms (+13.1%) and Plumbing, Heating & Electrical (+10.7%) did best. Only Landscaping (-4.6%) and Timber & Joinery Products (-14.4%) sold less.
There was some long-term good news, however. Compared to July 2019, a more normal pre-pandemic year, total merchant value sales were +13.3% higher. With two less trading days this year, like-for-like sales were up +24.1%. Three categories did better than total Merchants: Timber & Joinery Products (+23.8%), Renewables & Water Saving (+18.6%) and Landscaping (+17.7%). Heavy Building Materials (+12.3%), Kitchens & Bathrooms (+11.3%) and Plumbing, Heating & Electrical (+2.9%) all grew more slowly.