Deflation edges up

Deflation in the retail price of household furniture increased in February.

Deflation climbed from 1.5% to 1.6%, according to Office for National Statistics data.

In February 2023 the inflation rate was 10.4%.

Inflation for garden furniture dropped for the fifth month of the past six, falling from 0.2% to 0.1%. In February 2023 it was 10.8%.

Deflation in prices of table linen proved short-lived, as January’s -0.5% rose to 1.7%.

The combined furniture and furnishings rate saw deflation edge lower from 1.5% to 1.6%.


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