The household furniture and equipment retail sector in Spain is expected to see a slight increase of 0.4% in sales for August. The month-on-month growth for this period is anticipated to be 0.1%. By December, sales are projected to rise by an additional 1.8%. The three-month forecast volatility for this sector is 0.2, which is an increase of 0.11 from the previous year. These projections are based on the Eurostat household furniture and equipment retail index data.
Between June 2025 and December 2025, there is a 95% probability that demand for household furniture and equipment retail will increase. The central peak of the forecast distribution curve indicates the most likely demand outcomes, while the wider tails represent less probable variations. This probability suggests that businesses should consider adjusting pricing, inventory, and promotional strategies to accommodate the anticipated rise in demand.
In the past year in Spain, the normalized elasticity score saw a year-over-year change of -75%, indicating a decrease in market sensitivity. At the same time, the year-over-year volatility of this score decreased by 70%, suggesting reduced fluctuations in market responsiveness. These figures were obtained using a multilevel model with macroeconomic controls, with the price-effect p-value being less than 0.01, confirming statistical significance. The current market conditions, characterized by decreased sensitivity and volatility, imply that businesses may need to adjust their pricing and promotional strategies to account for a less responsive consumer base.
Method: Price Elasticity Insights