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Up by 12.4% last month

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

In August 2021, the retail prices for furniture in Russia increased by 12.41% compared to the same month of the previous year (considering specialized furniture retail only).

Since the beginning of 2021, prices increased by 9.54% 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 (+9.61%),
  • kitchen furniture (+10.48%),
  • sets of cabinet furniture (+11.04%),
  • kitchen worktops (+10.3%),
  • wardrobes (+12.27%),
  • hinged kitchen cabinets (+10.96%),
  • hallway cabinets (+11.32%),
  • various cabinets and cupboards (+11.96%),
  • other furniture, not elsewhere classified (+11.18%).

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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