British furniture prices rose by 12.2%

British furniture prices rose by 12.2%

Release date: December 23, 2021 source: Network

On December 15, the latest data released by the British National Bureau of statistics showed that after two consecutive months of record breaking increases in furniture retail prices of 10.5% and 11.3% in September and October, it broke the record again in November, with an increase of 12.2%.

In November, the cost of furniture manufacturing materials and fuel increased by 22.1%, which is the fourth consecutive month that the cost increased by more than 20%. In addition, the ex factory price of all furniture sold in the UK increased by 4.7% compared with November 2020!

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