Furniture inflation rate slows again

The rate of inflation for furniture fell for the fifth consecutive month in January, but remains well above 10%.

The rate for household furniture dropped from 12.1% in December to 11.4%. In January 2022 it was 14.1%.

The rate for furniture and furnishings also fell for the fifth consecutive month, dropping from 11.9% to 11.1%. In January 2022 the rate was 13.7%.

The rate of price increases for garden furniture also slowed, declining to 11.9% in January from December’s 12.2%. In January 2022 it was 7.6%.

Lighting prices continued to rise but saw the rate slow after December’s jump of almost a third. The rate dropped from 9.6% to 7.7%: still above November’s 6.9% but the lowest since July 2022.

FurnApr22

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