In August, household furniture and equipment retail sales are projected to decrease by 0.2%. The forecasted month-on-month momentum for this category is 1.1%, suggesting a potential recovery in subsequent months. By December, the cumulative change is expected to reach 1.6%. The volatility across the three-month forecast horizon is measured at 0.7, reflecting a year-on-year change of -0.03. These figures pertain specifically to the household furniture and equipment retail segment as reported by Eurostat.
The forecast for the household furniture and equipment retail sector indicates a 69% probability of a decline in demand by December 2025. The distribution curve highlights the most likely outcomes at its peak, with less probable scenarios represented in the tails. Businesses should prepare for potential downturns by adjusting inventory levels and exploring cost-saving measures to mitigate risks.
Over the past year in Denmark, the normalized elasticity score experienced a year-over-year decrease of 75%, while the year-over-year volatility of that score increased by 70%. These figures indicate a slight decrease in market sensitivity and a significant rise in volatility, suggesting that the market is currently less sensitive compared to its peers. The data is sourced from a multilevel model incorporating macroeconomic controls, with a statistically significant price-effect p-value of less than 0.01. Businesses should consider these changes when planning pricing or promotional strategies, as the market's reduced sensitivity and increased volatility may impact the effectiveness of traditional pricing tactics.
Method: Price Elasticity Insights