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Furniture sales jump more than a fifth in 25 year high

20poundnotesFurniture and lighting sales jumped by more than a fifth in August, the highest increase since the Office for National Statistics began tracking sales.

According to ONS, the value of sales rose by 22.4% and the volume of sales by 23.4%.
'The increase in both the quantity bought and the amount spent was the highest on record since the series began in January 1988. Feedback from retailers suggested that a better than average increase in sales of flat pack furniture contributed to this increase,' says ONS.
However, ONS cautioned that part of the reason for the dramatic increase was the low level of sales in August 2013.