The newest figures from the Plumbing & Heating Service provider Index (PHMI) report present whole worth gross sales for January 2025 by specialist plumbing and heating retailers up +0.7% in comparison with January 2024. Quantity gross sales elevated +6.4% whereas costs dropped -5.3% year-on-year. There was no distinction in buying and selling days.  

Month-on-month, January worth gross sales had been up +35.0% on December. Quantity gross sales had been up +41.3% however there was a -4.4% lower in costs. With 5 further buying and selling days in January, like-for-like worth gross sales (taking buying and selling day variations into consideration) elevated +4.3%.  

Whole worth gross sales within the three months from November 2024 to January 2025 had been -2.0% beneath the identical interval a yr in the past. Quantity gross sales rose +3.8% however costs fell -5.6%. There was no distinction in buying and selling days. 

Mike Rigby, CEO of MRA Analysis, which produces the report stated: “It was a extra constructive begin to the brand new yr for specialist plumbing and heating retailers in comparison with the identical interval final yr. However the final result for 2025 should hinge on the hard-to-read political panorama at residence and overseas, and the impacts that coverage adjustments and delays in implementation could have on the development business, financial system and shopper confidence.” 

To obtain the newest report go to www.phmi.co.uk