On November 15, the National Building Material Home Furnishing Index (BHI), jointly released by the Ministry of Commerce ’s Circulation Industry Development Division and the China Building Materials Circulation Association, showed that the value of this data rose slightly in October. The manager's confidence index, which is the leading index of BHI, has fallen sharply. Industry experts predict that the market will decline next, and October will become the highest value of the year.   BHI rose slightly in October  It is reported that the value of the data in October was 123.22, an increase of 0.55 points from the previous month and a decrease of 7.07 points from the same period last year. October sales of building materials and furniture stores above designated size in the country were 143.9 billion yuan, up 14.72% month-on-month and 1.40% year-on-year. Cumulative sales from January to October were 1,034 billion yuan, a year-on-year decrease of 0.50%.  According to Mei Xuhang, the operation director of the operation and management department of Actual House, judging from the data of Actual House, there was no decline in October, but the increase was not obvious. Qin Zhanxue, executive vice president of the China Building Materials Circulation Association, believes that in October, when BHI gradually increased in the previous eight months, it reached a new high for the year, but the growth rate has significantly weakened. The national sales of building materials and furniture stores above designated size in October also reached the highest value during the year, in line with the traditional peak season expected in October.  Then predict the decline  The data shows that the manager's confidence index fell sharply in October and fell 90.35 points from the previous month. As the leading index of BHI, the manager's confidence index gives the next direction of BHI. Qin Zhanxue believes that the decline is mainly due to seasonal periodic predictions, but also due to the uncertainty of the recent real estate trend.  Some experts analyzed that the furniture market is affected by the property market, and the future trend is also full of variables. At the same time, consumers' rational needs and brand trends are becoming more and more obvious, and the expectations of building materials and household practitioners for "peak season promotion" are relatively lower, which also has a certain impact on the trend of data. Qin Zhanxue said that this is also an increasingly mature performance of the building materials and home furnishing market. It is recommended that companies work hard to clarify their own characteristics and advantages, and dig deeper into consumer demand. (Editor: Peter)  Blow Molding Screw Barrel,Molding Screw Barrel, Blow Screw Barrel,injection screw and barrel Zhejiang Zhongsu Screw Co., Ltd. , https://www.zhongsuscrew.com
October building materials home BHI index will rise slightly will become the highest value of the year
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