A solid May for Merchants
Year on year
Total Builders Merchant value sales were up 6.9% in May compared with May last year. Five categories did better, with Plumbing Heating & Electrical (11.9%) the top performer and Landscaping (+11.3%), Timber & Joinery Products (+8.2%) and Kitchens & Bathrooms (7.1%) also stronger. Heavy Building Materials, the largest category, grew more slowly (+5.1%) and only Workwear & Safetywear sold less (-5.3%).
Month on month
Overall sales in May were 11.4% higher than in April, helped by one extra trading day. Seasonal category, Landscaping (+29.0%) did best, with its third consecutive significant month-on-month increase. Heavy Building Materials improved 11.1% and ten of the twelve categories sold more.
Average sales a day in May were 6.1% higher than April.
The first five months of 2018 were up 3.5% on the same period in 2017, with one additional trading day this year. Plumbing Heating & Electrical (+11.3%) did best, with Kitchens & Bathrooms (+6.0%), Timber & Joinery Products (+5.5%) and Ironmongery (+3.7%) also performing well. Average sales a day for January to May were up 2.5% on the same months last year.
The rolling 12 months June 2017 to May 2018 were 4.6% above the same period a year earlier. Plumbing Heating & Electrical (+9.0%) was strongest and all categories sold more.
May’s BMBI index was 129.4, up from 116.1 in April. Landscaping was top (170.4) followed by Heavy Building Materials (128.7) and Timber & Joinery Products (126.7). Ten of the 12 categories exceeded 100.
For additional, deeper category insights and benchmarking please contact Richard Frankcom at GfK.