The newest Developers Service provider Construction Index (BMBI) document, printed in February, presentations developers’ traders’ like-for-like general price gross sales in November 2025 had been -0.4% less than the similar month in 2024. With one much less buying and selling day in November 2025, unadjusted price gross sales had been down 5.1% year-on-year. Gross sales volumes had been down 8.5% and costs had been up 3.7%.
Via price, unadjusted for buying and selling day variations, 5 of the 12 product classes offered extra in comparison to November 2024. Renewables & Water Saving (+5.1%) and Workwear & Safetywear (+4.0%) had been the most productive appearing classes. The 2 biggest classes had been down: for Bushes & Joinery Merchandise takings had been down 2.4% whilst Heavy Construction Fabrics was once the weakest class general and dropped 8.4%.
Month-on-month, November’s like-for-like price gross sales had been down -2.0%, which keep in mind 3 much less buying and selling days in 2026. The unadjusted price gross sales had been 14.8% decrease. Quantity gross sales fell 19.3%, and costs climbed 5.7%.
Within the three hundred and sixty five days December 2024 to November 2025, like-for-like price gross sales had been up 1.1% in comparison to the former 12-month duration (December 2023 to November 2024). With out the adjustment for one much less buying and selling day in the newest three hundred and sixty five days, general price gross sales had been up via a marginal 0.7%. Volumes larger via 1.9% however costs got here down via 1.2%.
Mike Rigby, managing director of MRA Analysis, who produces the BMBI document from level of sale information, mentioned: “Whilst it takes years for governments to fee primary tasks, and plenty of extra years for them to be applied, now and again a central authority will have a nearly quick affect at the financial system and our day by day lives. At first of the covid pandemic as an example, the federal government just about stopped the financial system when it instructed everybody to move house right away and keep there.
“Throughout November, within the chaotic run as much as the finances, the federal government did it once more. It created such a lot uncertainty and unease that many shoppers and companies stopped or paused their spending on greater pieces and tasks till they might see what the chancellor introduced.
“Within the match the scoop was once combined, however the harm was once accomplished to November’s figures.
“Shoppers’ self belief dropped two issues in November to -19, in step with the GfK Shopper Self assurance index. However then the rustic gave the impression to give an enormous sigh of reduction because the finances wasn’t as unhealthy as they’d feared. All 5 measures of self belief had been up in December in comparison to November, and the entire index recovered two issues to -17. The most important acquire index was once up 4 issues to -11 from -15 in November, which is an excessively certain indicator of long term spending on RMI and bigger house tasks.
“However general self belief at -17 is equal to in December 2024, so the yr as a complete has now not stepped forward, and the rustic remains to be looking ahead to the simpler occasions it voted for to materialise.”
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