Furniture inflation halves in a year

Retail price inflation for furniture fell again in May, and is now half of what it was a year ago.

The rate dropped for the eighth consecutive month in May, according to the Office for National Statistics, from 8.6% to 8.2%. 

In May 2022 the rate was 16.4%.

The annual rate for garden furniture edged up from 4.5% to 4.6%; although increases in lighting prices fell from 3.4%to 0.1%.

Household textiles also saw the inflation rate drop, from 6.4% to 4.3% as increases in furnishing fabrics, bed linen and table linen all eased.

FurnApr22

Subscribe

And receive a glossy copy of our magazine straight to your door

Subscribe to our newsletter

Receive weekly industry news straight to your inbox.

I agree with the Terms and Conditions and the Privacy Policy detailed at the bottom of this website.