Rising costs of raw materials and components all over the world, as well as geopolitical shifts, contribute to the rise in prices for Russian-made furniture, too. In May 2022, the prices of furniture manufacturers in Russia increased by 14.18% to the corresponding month of the previous year.
Since the beginning of 2022, prices increased by 17.69% year-over-year.
We are tracking this indicator more closely, including prices for domestic market and export separately, for various furniture categories, within our extended Market Reports.
