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. Since the beginning of 2022, prices increased by 6.8% year-over-year.
In November 2022 alone, however, the prices of furniture manufacturers in Russia decreased by 3.38% to the corresponding month of the previous 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.
