November 15, 2023, by the Ministry of Commerce circulation industry development division of the project, China Building Materials Circulation Association compiled and released information shows that in October the national building materials and home furnishing boom index BHI for 134.42, up 2.87 points, up 36.30 points, the national building materials and home furnishing market continues to continue the “Golden Nine, Silver Ten The national building materials and home furnishing market continues to continue the “Golden Nine, Silver Ten” peak season market, building materials and home furnishing consumer demand is further released.
Data show that the national above-scale building materials and home furnishing stores in October sales of 148.42 billion yuan, up 2.03%, up 79.89% year-on-year; 2023 January to October cumulative sales of 1,289.506 billion yuan, up 25.39% year-on-year.
China Building Materials Circulation Association Industry Research Department, at present, building materials home to stock house redecoration (second, third, etc.) and improve the market share led by demand is gradually expanding, in October the national building materials home furnishing market is still the continuation of the traditional peak season market, superimposed on the gradual emergence of the effect of policies to promote consumption, building materials home furnishing consumer demand continued to release, this month BHI continued to rise slightly, above-scale building materials home furnishing Sales of above-scale building materials and home furnishing stores rose 2.03%.
From the BHI sub-indexes, in the first half of October, the major building materials and home furnishing stores and brands to carry out a variety of promotional activities, the market continues to “Mid-Autumn Festival + National Day” double festival of the situation of sales, into the second half of October, enterprises have started in advance of the “Double 11″ promotional activities. The second half of October, enterprises have started the “Double Eleven” promotional activities in advance.
Based on this October into the store traffic increased significantly, the BHI sub-index “popularity index” rose in the first year-on-year, up 49.75 points.
This month’s decline in the first sub-index for the “Manager Confidence Index”, down 45.60 points, down 6.01 points, the absolute value of 40.65 (higher than 50 bullish market, lower than 50 to see the weak market), into the weak city interval.
According to reports, industry managers still feel heavy pressure in the short term, on the one hand, superimposed on the current trend of the real estate market, affecting the fluctuations in demand for building materials and home furnishings market.
On the other hand, the weak profitability of small and microenterprises, the problem of a sharp rise in costs is still continuing, fierce market competition has led to increased corporate differentiation, can not seize the opportunity of enterprises have been eliminated from the game.
Post time: Nov-20-2023
