Ripple effect' of property upsurge now being hailed by retailers
Home improvement firms and other retailers are seeing an upswing. Donal Buckley reports.
Increased housebuying activity is having a ripple effect into other sectors of the economy, most notably home improvements businesses, including retailers selling bulky goods.
The latest figures from the Central Statistics Office show year-on-year, furniture and lighting sales have risen in each of the last nine months, and turnover increased by 29.8 per cent in the year to April.
Dr John McCartney, economist and director of research at Savills, said: “This is being driven by an...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine