Inflation jumps again

Inflation jumped again in November across furniture and flooring.

According to figures from the Office for National Statistics, annual inflation for household furniture rose from 11.3% to 12.2%.

In November 2020 the rate was just 1.1%.

Carpets and other floorcoverings rose from 7.3% to 8.8%: it had fallen from 9.6% in October.

In November 2020 the rate was just 0.9%.

Garden furniture saw the rate rise from 5.6% to 6.3%. In November 2020 prices fell by 1.9%.

Household textiles saw inflation slow from 3.2% to 1.9%.

Figures also show that furniture prices have risen by x3.313 since January 1987, compared with a x3.143 increase for all items.

Overall inflation as measured by the Consumer Prices Index rose from 4.2% to 5.1%.

As measured by the Retail Prices Index, the rate rose from 6% to 7.1%, the highest November rate since 1981 (12%) and the highest since March 1991 (8.2%).

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