From January to March 2021, the volume of furniture retail sales in Russia reached 100.35 billion rubles (considering specialized furniture retail only). This represents a 2.3% increase to the corresponding period of the previous year in current prices, not adjusted for inflation. The dynamics of sales volume in real terms, adjusted for inflation, amounts to minus 4.2%.
The preliminary estimate provided here is made by the Federal Statistical Service of Russia immediately after the reporting period. Statistical reports of a number of enterprises are sometimes delayed, which affects the estimation accuracy. That’s why these numbers are subject to change later on. The updated and most actual data, as well as more in-depth analysis of this specific indicator by various regions of Russia, shall be included into our extended Market Reports.