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Monthly Archives: December 2022
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December 16, 2022
October Merchant sales climb +7.5%, but inflation’s still driving growth
The latest Builders Merchant Building Index (BMBI) report reveals that builders’ merchants’ value sales were up +7.5% in October 2022 compared to the same month in 2021. Volume sales dropped again (-5.6%) while prices climbed +13.9%, so price inflation was the driving factor of growth.
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