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Tuesday, December 6, 2022
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Up by 12.4% last month

(+12%) Retail Prices • Jan 2022/21

In January 2022, the retail prices for furniture in Russia increased by 12.44% compared to the same month of the previous year (considering specialized furniture retail only). 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 (+14.69%),
  • kitchen worktops (+14.75%),
  • wardrobes (+12.77%),
  • hinged kitchen cabinets (+14.79%),
  • hallway cabinets (+12.79%),
  • various cabinets and cupboards (+12.77%).

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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