April 2024 furniture production slightly dips

The rate of furniture production during April 2024 registered a monthly decrease, whilethe value in domestic goods was also down on the previous month but up against last year.

According to the latest Office for National Statistics (ONS) data, the rate of furniture production fell 1.4% compared to March, while falling 8.1% on April last year.

On the month, production output is estimated to have fallen by 0.9% in April 2024, following growth of 0.2% in March 2024.

Meanwhile, the value of the manufacture of furniture for April resulted at £848.9m, down 2.1% from £867.6m in March. Against the same period last year, the value rose 2.4% from £828.9m.

As for the value of furniture manufacturer exports, this decreased 7.5% to £49.3m for the month from £53.3m. Against last year, exports value fell 0.4% from £49.5m.

The value of domestic furniture manufacture decreased 1.8% to £799.6m from £814.3m in the month, while up 2.5% from £779.4m last year.

Monthly real gross domestic product (GDP) is estimated to have shown no growth in April 2024, following growth of 0.4% in March 2024.

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