Furniture inflation drops again
The rate of retail price inflation for furniture dropped for the second consecutive month on May, but remains at a historically high level.
According to ONS, the rate for household furniture dropped from 16.5% in April to 16.4% in May. In March it was 17.2%. In May 2021 it was 6.6%
Most furnishing sectors saw a drop in inflation. Garden furniture dropped from 32.8% to 25.5%; lighting fell from 12.4% to 10.5%; and table and bathroom linen dropped from 5.3% to 4%.
However bed linen rose from 5.5% to 7.2%; furnishing fabrics and curtains rose from 1.9% to 4.5% and other furniture and furnishings rose from 11.2% to 13.8%.
The overall furniture and furnishings rate dropped from 16.3% to 16.2%.