January 2015 BHI index lower Furniture sales down 16.58%

China Paint Network
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Building Materials Home Business Climate Index (BHI) was 92.68 in January, down 13.18 points month-on-month and up 5.76 points year-on-year. National building materials and home stores above the scale of January sales of 91.15 billion yuan, down 16.58 percent month-on-month, up 24.14 percent year-on-year. January 2015 BHI Index
China Building Materials Circulation Association Executive Vice President Qin Zhansiu from an expert point of view on the current BHI data interpretation: 2015, BHI due to the seasonal effects of winter is still lower, but due to the mid-to-late February into the traditional Spring Festival period, so thanks to the New Year's Day and the Spring Festival between a longer period of time, BHI compared with the same period last year, the starting point of BHI is expected to "fall to the bottom" in February. Specific analysis is as follows:
First look at the upstream real estate market, according to the national real estate index system 100 city price index shows that in January 2015, the average price of 100 cities (newly built) housing in the country was 10564 yuan / square meters, month-on-month after eight consecutive months of decline, a slight rise of 0.21%. Judging from the number of cities where house prices have risen and fallen, 44 cities have risen month-on-month and 56 cities have fallen month-on-month. Compared with the previous month, the number of cities with price increases this month increased by 14. Overall, driven by "micro-stimulus" means, the real estate market rigid demand phase of stable release, coupled with the Spring Festival near major cities to reduce the volume of push, supply pressure slightly eased, it can be seen that the real estate market improved in January, the national building materials home market has a positive impact, coupled with abundant time, Most building materials home market in order to grasp consumers before the Spring Festival replacement of new furniture, decoration and decoration materials after the scheduled festival, etc. , have carried out various forms of promotional activities and achieved some results, so that the market performance compared with the same period last year relatively warm, BHI compared with last year's year-on-year higher starting point. However, from the BHI sub-index, with last year's year-on-year decline of the largest "manager confidence index" is the leading index, due to serious weakness next month's trend, year-on-year decline is taken for granted; It can be seen by the real estate market environment in 2014 brought about by the entire building materials home market downturn is still continuing, it is recommended that enterprises remain vigilant at all times, the future market will still be filled with smoke. In 2015, the industry should pay attention to the implementation of the "Belt and Road" construction, find business opportunities, ready to develop.
noun explanation: BHI
BHI is short for the National Building Materials Home Business Climate Index. By the Ministry of Commerce, the Department of Circulation Industry Development, China Building Materials Circulation Association jointly released a building materials home terminal store business climate index. It is from the country's designated centralized collection points collected 40,000 building materials home merchants (shops) related data compiled. BHI reflects the building materials home decoration materials business climate and market trends, while comparing with the national real estate development business climate index, but also reflects the strength of rigid demand for real estate.