South East a high performer for building materials sales despite dip in sales 

The South East was a top performer for building materials sales in Q3 2023, despite recording a drop in sales year-on-year, according to latest figures from the Builders Merchants Federation.

The BMF’s quarterly Builders Merchants Building Index (BMBI) shows sales in the South East (excluding London) fell by 3.4% from July to September compared to the same period last year. The figures reflect a nationwide trend that saw total merchants value sales drop by 3.3% compared to 2022. 

The BMF’s South East regional chair Louise Polston said: “The region’s year-on-year performance is reflective of the industry as a whole. From the outset in 2023, we expected to see an uplift in the second half of the year, which unfortunately, has just not come into fruition.

“Despite the negative result, it is encouraging that the South East continues to lead the way, which is hopefully a sign of things to come for our region.”

BMF CEO John Newcomb added: “The BMBI reflects the ‘regional health’ of the building materials supply industry, showing how builders’ merchants are performing in different areas of the country and tracking longer term trends across the sector.

“Overall, total sales from July to September were 1.4% lower than in April to June this year, dropping to 3.3% when compared to Q3 last year.

“10 of the 11BMF regions sold less, but the South East still managed to secure a place in the top three regions for sales.”

Leave a Reply

Your email address will not be published. Required fields are marked *


Times Radio reveals political opinion divides across the UK

Times Radio has unveiled the results of new polling data that underpins the regions in the UK with the highest levels of political knowledge, engagement and ambition.

Read More

South East SMEs losing out on nearly £870m a year in ‘missing interest’

New research from Allica Bank reveals that SMEs across the South East are losing out on nearly £870 million annually as a result of not shopping around for better interest rates on their business savings.

Read More

Thousands of homes and businesses in Kent set to receive 2Gbps broadband for first time

Towns across Kent now have access to 2Gbps (2,000Mbps) internet speeds, the fastest connection many communities have ever experienced.

Read More