The Ikea effect? Furniture sales help drive strongest retail growth in two years (opens original article in a new tab)

Furniture sales helped drive the strongest retail growth in two years, with core retail spending up 2.8% in May compared to a year earlier.

• Furniture sales contributed to the strongest retail growth in two years
• Core retail spending increased by 2.8% in May compared to the previous year
• The increase in retail spending is the highest since January 2024