BHI rose slightly year-on-year in April, and the confidence of the national building materials and home furnishing market is still growing

According to the data approved by the Circulation Industry Development Department of the Ministry of Commerce and compiled and released by China Building Materials Circulation Association, the national building materials home prosperity index BHI was 114.94 in April, down 0.31 points month on month and up 0.42 points year-on-year. The sales volume of building materials and household stores above Designated Size in China in April was 101.157 billion yuan, down 5.80% month on month and up 15.68% year-on-year; From January to April 2022, the cumulative sales volume was 391.913 billion yuan, up 37.27% year-on-year.

The industry research department of China Building Materials Circulation Association interprets the BHI data of this period: in April 2022, the domestic COVID-19 showed the coexistence of multi-point sporadic and local concentrated epidemics, and the situation of epidemic prevention and control is still severe and complex. The release of building materials and household consumption demand in the areas under epidemic control has been restrained to a certain extent, and BHI fell slightly month on month. The specific analysis is as follows:

First of all, the national building materials and home furnishing market closely related to the national real estate market performed smoothly in April. The expected spring home decoration peak season was delayed. BHI fell 0.31 points month on month in April, and the sales of building materials and home furnishing stores above Designated Size fell 5.80% month on month. The biggest factor affecting the national building materials and home furnishing market this month is the epidemic. With the development of the epidemic since this year, all parts of the country have strengthened the prevention and control of the epidemic. On the one hand, the epidemic prevention and control has directly reduced consumers' going out and public contact. On the other hand, the construction, installation and delivery links in the later stage of home decoration need to enter the house. However, the epidemic prevention and control has suspended the entry of home decoration, resulting in a backward shift in the rigid consumption demand for home building materials.

Secondly, analyze the sub indexes of BHI: the value of "popularity index" this month was 169.27, down 8.95 points month on month and 26.92 points year-on-year. Traditional building materials home stores belong to contact aggregation industries, and the closure and control of the epidemic directly affected the number of consumers entering stores. The sub index that should also be paid attention to this month is the leading index of "manager confidence index". Its value this month is 187.23, up 23.25 points month on month, down 4.98 points year-on-year, and its absolute value is 67.87 (higher than 50, optimistic about the future market, lower than 50, weak future market). It is still in the high boom range and maintains an upward trend. It can be seen that the impact of the short-term factors of the epidemic will gradually weaken. After the epidemic is effectively controlled, the delayed consumer demand for building materials and home furnishings will still be released. The industry itself will not have essential changes due to the epidemic, and the market is still confident in the future.

With the resolute implementation and implementation of the national "dynamic zero clearing" in epidemic prevention and control, it is suggested that the national building materials and home furnishing enterprises should remember that "half 90 people travel a hundred miles", strengthen their confidence, actively participate in the "green building materials to the countryside" activity jointly carried out by the six departments of the State Council, such as the Ministry of industry and information technology and the Ministry of housing and urban rural development, promote green building materials, advocate green consumption, and promote the internal circulation and sustainable development of China's economy. (China Building Materials Circulation Association)