Daily Times

Spain’s furniture manufacturers say they are overwhelmed by demand after sales boomed at the end of lockdown in June, potentially erasing most of the year’s losses. Sales of household equipment, including furniture and home appliances, jumped by 9.9% in June, rebounding from three months of losses that included a 59.2% fall in April. The overall retail sales index, however, fell by 4.7% in June from a year earlier, data from the National Statistics Institute (INE) showed on Wednesday, as the coronavirus lockdown took its toll on the Spanish economy. Lidia Roza, owner of Casa Nueva, a furniture store in Gijón in northern Spain, said business was buzzing and some customers were having to wait two months, especially for sofas. “There are no mattresses and sofa beds in warehouses anymore, it’s mission impossible. We call the manufacturers and they tell us they are overstretched,” she said. Such is demand that a survey by a national association of furniture companies found that they expect to finish this quarter down just around 5% in sales.