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In April, the sales volume of national building materials and home furnishing stores was 162.523 billion yuan

Posted on May 18 2023

According to news on May 15, according to the official WeChat account of the China Building Materials Circulation Association, the National Building Materials Home Furnishing Prosperity Index (BHI) was 142.16 in April, an increase of 13.37 points month-on-month and 26.57 points year-on-year. The April sales of building materials and home furnishing stores above designated size nationwide were 162.523 billion yuan, up 25.72% month-on-month and 60.66% year-on-year; the cumulative sales from January to April were 483.218 billion yuan, up 23.30% year-on-year.

BHI is the abbreviation of National Building Materials and Home Furnishing Prosperity Index. It is a prosperity index of building materials and home furnishing terminal stores established by the Circulation Industry Development Department of the Ministry of Commerce and compiled and released by the China Building Materials Circulation Association. It is compiled from the relevant data collected from 50,000 building materials and home furnishing merchants (shops) from designated centralized collection points across the country. BHI reflects the prosperity and market trend of building materials, home decoration and decoration materials. At the same time, compared with the national real estate development prosperity index, it can also reflect the strength of rigid demand for real estate.

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