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retailParkThe pace of furniture retail sales growth slowed in Ireland in May, according to the Central Statistics Office.


Volumes in the category — which represents the quantity of goods sold — were up 5.2 per cent on May 2014, but the value, which looks at the total amount spent, rose just 1.5 per cent.


The difference reflects furniture retail price deflation and promotional activity. The figures follow earlier stellar growth for big-ticket home retailers, with the CSO upgrading its provisional April year-on-year data.


Originally, the CSO said furniture volumes rose 6.7 per cent in April, but its finalised figures increased that growth to 8.6 per cent (+4.2pc by value).


Across all retail sectors in Ireland, official retail sales climbed 7.4 per cent by volume and 4.3 per cent by value year-on-year in May.



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