The latest figures from the Plumbing & Heating Merchant Index (PHMI) report show total value sales for January 2025 through specialist plumbing and heating merchants up +0.7% compared to January 2024. Volume sales increased +6.4% while prices dropped -5.3% year-on-year. There was no difference in trading days.
Month-on-month, January value sales were up +35.0% on December. Volume sales were up +41.3% but there was a -4.4% decrease in prices. With five additional trading days in January, like-for-like value sales (taking trading day differences into account) increased +4.3%.
Total value sales in the three months from November 2024 to January 2025 were -2.0% below the same period a year ago. Volume sales rose +3.8% but prices fell -5.6%. There was no difference in trading days.
Mike Rigby, CEO of MRA Research, which produces the report said: “It was a more positive start to the new year for specialist plumbing and heating merchants compared to the same period last year. But the outcome for 2025 must hinge on the hard-to-read political landscape at home and abroad, and the impacts that policy changes and delays in implementation will have on the construction industry, economy and consumer confidence.”
To download the latest report visit www.phmi.co.uk
