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.
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.