Materials sales forecast to suffer downturn this year

By Tom Lowe2023-02-10T07:00:00

Source: Shutterstock

Builders Merchants Federation says government measures to fight recession could hit material producers

Building material sales will suffer a downturn this year due to economic uncertainty in the industry, according to a new report.

The Builders Merchants Federation (BMF) latest forecast found sales of materials would drop by 1.6% in 2023, compared to a rise of 6.7% last year.

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