The latest figures from the Plumbing & Heating Merchant Index (PHMI) report show total value sales for November 2024 through specialist plumbing and heating merchants were down -4.5% compared to November 2023. Volume sales decreased -0.5% while prices dropped -4.0% year-on-year.
With one less trading day this year, like-for-like sales (taking trading day differences into account), were flat.
Total value sales in the three months from September to November 2024 were +0.5% higher than the same period a year ago. Volume sales were up +4.4% but prices were -3.7% lower. There was no difference in trading days.
Value sales in the three months September to November 2024 were +18.9% higher than the previous three-month period (June to August 2024). Volume sales and prices both increased by 9.1%. With one more trading day in the most recent period, like-for-like value sales were +17.1% higher.
