NuGen Properties

Strip out inflation and merchant sales are now falling


April 2022 was the first month since January 2021 that year-on-year volume sales have been down.

Money taken through builders merchants cash registers was down just 0.9% in April, year on year, but with price inflation running at a whopping 17.0% for their merchandise, a lot less product went out of the door – 15.1% less, to be precise.

After the big post-covid gardening boom, sales of landscaping products were down 14.1% by value in April, year on year. Sales of Kitchens & Bathrooms were 15.8% higher than in April 2021. These were the biggest falling and rising categories.

Sales through specialist plumbing and heating merchants were down 5.8% by value, despite 8.6% price inflation.

Compared to April 2019, before the pandemic, total merchant value sales were down 5.1% by volume but up 21.0% by value because of 27.5% price inflation over the three years.

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Customer Reviews

Nugen Properties

Customer Reviews

Dan Morten 18/01/22

Google
Easy to work with, Jordan and the team were professional and were easy to communicate with.
Would highly recommend.

Di Hayes 20/08/22

Google
NuGen Properties built an extension to the rear of my property, replacing the old conservatory. I am so pleased I chose this company. From the initial quotation, through the build and after they were professional, polite & well mannered. They kept the site tidy throughout the build and kept me informed of each stage as it happened. The work was finished to a good standard and I have had nothing but compliments on their work. I am already planning for them to come back and do some more work for me in a few months. I would 100% recommend them.

Bradley Eyles 20/06/23

Google
Nugen were fantastic throughout the works they carried out on my property, Jordan provided constant updates and ensure any questions I had were always answered. All works were completed in a timely fashion, on budget and exceptional customer service. Highly recommend!

Sonny Carter-heyward 29/02/22

Google
Brilliant service, renovated my house to make a dream a reality. Thanks guys

sitemanager 22/01/23

Google
Great firm to communicate with fast and good quality work.