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Tuesday, December 6, 2022
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Up by 13% last month

(+11%) Retail Prices • Jan-Nov 2021/20

In November 2021, the retail prices for furniture in Russia increased by 12.97% compared to the same month of the previous year (considering specialized furniture retail only).

Since the beginning of 2021, prices increased by 10.55% 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:

  • kitchen furniture (+11.8%),
  • sets of cabinet furniture (+11.94%),
  • kitchen worktops (+11.66%),
  • wardrobes (+13.7%),
  • hinged kitchen cabinets (+12.26%),
  • hallway cabinets (+12.41%),
  • various cabinets and cupboards (+12.93%),
  • other furniture, not elsewhere classified (+12.14%).

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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