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Wednesday, December 7, 2022
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Up by 11.8% last month

(+9%) Retail Prices • Jan-Jul 2021/20

In July 2021, the retail prices for furniture in Russia increased by 11.76% compared to the same month of the previous year (considering specialized furniture retail only).

Since the beginning of 2021, prices increased by 9.13% year-over-year. Retail prices for furniture are growing less than prices of manufacturers, which indicates a more serious shortage in margin on the side of retailers.

For this reporting period, several furniture categories have risen in price more than average:

  • furniture for dining and living rooms (+9.21%),
  • kitchen furniture (+9.26%),
  • sets of cabinet furniture (+10.55%),
  • kitchen worktops (+9.74%),
  • wardrobes (+11.81%),
  • hinged kitchen cabinets (+10.49%),
  • hallway cabinets (+10.91%),
  • various cabinets and cupboards (+11.52%),
  • other furniture, not elsewhere classified (+10.72%).

We are tracking this indicator more closely, particularly the performance of various Russian regions, for various furniture categories, within our extended Market Reports.

SourceRosstat

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