August growth continues a positive summer for merchants
Year on year
Total Builders Merchant value sales were up 5.8% in August 2017 compared with August last year, on an identical number of trading days. Seven categories did better, including Kitchens & Bathrooms (+11.1%), Ironmongery (+9.5%) and Heavy Building Materials (+6.3%). All twelve categories sold more this year and Decorating had it’s highest sales in the last 12 months.
Month on month
Sales in August were 1.1% better than July, helped by one extra trading day. Plumbing Heating & Electrical (+6.2%) and Workwear & Safetywear (+5.6%) were among eight stronger categories. Only tools (-0.7%) and Landscaping (-5.5%) sold less. Average sales per day, which mitigate for August’s additional trading day, were 3.5% below July.
The three summer months (June, July and August) were 5.5% ahead of the same period in 2016. Ironmongery (+10.9%) and Kitchens & Bathrooms (+10.7%) did best. Year to date value sales strengthened, with the first eight months of 2017 4.5% ahead of the same period in 2016 – up from +4.3% YTD in July. The rolling 12 month period, August 2016 to July 2017, was 4.6% up on the same period a year earlier. Ironmongery (+6.9%) had the best 12-month performance, with Kitchens & Bathrooms (+6.2%) and Landscaping (+6.1%) close behind.
August’s Builders Merchant Building Index was 120.5 (113.6 adjusted for trading days). Strongly seasonal Landscaping (133.2) was the top performer for the eighth consecutive month.
For additional, deeper category insights and detailed benchmarking please contact Richard Frankcom at GfK.
Click the button below to download the BMBI Report August 2017