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Furniture inflation tops 10% again as flooring rise slows

Banknotes2Retail furniture inflation increased again in October, while price rises for flooring slowed.

The annual inflation rate for household furniture rose from 10.5% to 11.3% in October, according to the Office for National Statistics. In October 2020 the rate was just 1.5%.

The rate for flooring fell from 9.6% to 7.3%. In October 2020 the rate was 2.3%.

The rate for garden furniture increased from 5.1% to 5.6% while the rate for lighting rose from 4.2% to 4.6%.

ONS figures show that while the overall cost of living is 13.4% higher than in 2015, household goods have only risen by 10.5%.