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Consumer price inflation for furniture narrowed in February but the pressure on manufacturers continued to rise, according to official data out today.
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Consumer confidence climbed in the U.K. in December on the back of the first Covid-19 vaccines being administered across the country.
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Fears for the U.K. economy and job security sent consumer confidence tumbling through October according to GfK, the polling company that tracks public sentiment each month.
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The combination of pressure distribution and spinal alignment can be used as strong indicators of long term mattress comfort, according to a new piece of work from The Furniture Industry Research Association.
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Shopper sentiment towards high-value items such as furniture jumped to its highest level in 17 months in February according to a closely-followed monthly consumer confidence survey.
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Higher prices helped retailers find value growth in January as sales volumes across furniture and lighting flatlined compared with the same month a year ago.
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The price of sofas leaving U.K. factories declined in January according to new figures from the Office for National Statistics.
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Retail park footfall climbed for the first time since September last month while the number of consumers entering shopping centres returned to growth after a three-year hiatus. Retail sales also inched forwards.
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In-store retail sales climbed 5.7 percent last month according to BDO's High Street Sales Tracker, the best January reading since 2014.
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Consumer confidence climbed for the second straight month in January with rises across all the measures bar one: the Major Purchases Index, which tracks shopper sentiment towards buying furniture and other high-value items.
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Sales of furniture and lighting continued to climb in 2019 according to the Office for National Statistics (ONS) but at the weakest rate in all of the past decade.
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Consumer prices for furniture rose at their fastest pace in nearly two years last month, just as overall inflation in the U.K. fell to its lowest level since the back end of 2016.
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Retailers enjoyed mid single-digit sales growth in December as a slight rise in store sales was bolstered by an increase of nearly a quarter in online demand, according to a closely-followed retail survey.
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Retailers entered the winter sale period with more to look forward to after consumer confidence rebounded in December, figures from GfK show.
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The price of carpets leaving the factory gate last month was lower than year-earlier levels for the first time since March 2016 according to new official figures.
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Consumer confidence for purchasing high-value items fell this month to its lowest reading since June, and broke a year-long trend in the process.
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Furniture retail price inflation eased in October as output prices at the factory gate fell again for upholstery manufacturers and, for the first time in nearly three years, for case goods producers.
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For the eighth straight month, the score used to measure big-ticket consumer confidence moved in the opposite direction to that in the period immediately prior.
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Consumer price inflation for furniture and furnishings climbed to its highest level since February 2018 last month, according to new Government figures.
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For the sixth straight month, the major purchases measure of GfK's closely-followed Consumer Confidence Index moved in the opposite direction to the previous change.
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Upholstery sales fell in August.
Furniture retail sales declined in August with upholstery the weakest big-ticket category, according to proprietary research by The Furnishing Report.
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There was an across-the-board easing of factory gate furniture and carpet price inflation in August according to the latest figures from the Office for National Statistics (ONS).
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Furniture and furnishings prices rose at a slower rate in the year to August and were a major factor in overall consumer price inflation narrowing to its shallowest level since 2016.
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Out-of-town retail parks welcomed more shoppers in August compared to the same month last year amid weakening figures across other types of retail destination.
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Retail sales flatlined in the U.K. last month according to the British Retail Consortium, which represents many of the country's largest retailers.
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Big-ticket sentiment among prospective buyers fell back in August as consumer confidence took a dive over fears regarding the U.K. economy.
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Upholstery, cabinets and bed sales all ticked up year-on-year in July as retailers annualised weak comparatives following the heatwave and men's football World Cup last year.
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Consumers paid considerably more to buy furniture in July after inflation in the category climbed to its highest level since February 2018.
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Record temperatures didn't deter more shoppers from visiting retail parks last month despite other types of destination making it the worst July footfall in seven years.
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Growth returned in July, but it was weak, according to industry figures from the British Retail Consortium.
Year-on-year retail sales inched forward last month after two straight declines in the months immediately prior, according to industry lobby group the British Retail Consortium.
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British furniture buyers make the U.K. one of the top five worldwide markets for the international trade of furniture, according to a new forward-looking market report.
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June sales improved against weak comparatives with last summer.
June saw furniture retailers recover some of the revenue lost last year when Britain was going through one of the hottest summers on record.
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Consumer price inflation for furniture eased fractionally in June as retailers passed on a softer increase to their customers.
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Consumers deferred non-essential purchases as June sales fell after annualising against strong comparatives according to the British Retail Consortium (BRC).
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No furniture or floorcoverings specialists are among Britain's very largest private companies but several with an interest in the home furnishings sector did maker this year's Top Track 100 list.
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Mattress production climbed though the overall bed market was impacted by divan production.
British furniture manufacturers' collective output declined last year with cabinet furniture producers and sofa makers among those seeing the biggest falls, new figures for 2018 reveal.
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Confidence for major purchases fell to its lowest level since November.
Consumer confidence slid in June with Brits' collective propensity to splash out on high value items such as furniture falling to its lowest level since November last year.
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Furniture makers price inflation eased to its shallowest rate in over five years last month, driven by a sharp month-to-month decline in the rate for kitchen manufacturers.
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Retailers shifted more upholstery in May.
Higher upholstery sales led the way as furniture retailers enjoyed year-on-year growth in May.
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Consumer price inflation for furniture and furnishings moved out of deflationary territory to its joint highest figure in 13 months in May, new Government figures reveal.
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