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Thursday, December 1, 2022
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Up by 13.3% last month

(+10%) Retail Prices • Jan-Oct 2021/20

In October 2021, the retail prices for furniture in Russia increased by 13.26% compared to the same month of the previous year (considering specialized furniture retail only).

Since the beginning of 2021, prices increased by 10.3% 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 (+10.31%),
  • kitchen furniture (+11.47%),
  • sets of cabinet furniture (+11.79%),
  • kitchen worktops (+11.32%),
  • wardrobes (+13%),
  • hinged kitchen cabinets (+11.95%),
  • hallway cabinets (+12.16%),
  • various cabinets and cupboards (+12.73%),
  • other furniture, not elsewhere classified (+11.94%).

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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