Sunday, December 10, 2023
7 C

Up by 12% last month

(+12%) Retail Prices • RUS • Jan-Feb 2022/21

In February 2022, the retail prices for furniture in Russia increased by 11.98% compared to the same month of the previous year (considering specialized furniture retail only).

Since the beginning of 2022, prices increased by 12.21% 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:

  • kitchen furniture (+14.4%),
  • kitchen worktops (+14.35%),
  • wardrobes (+12.51%),
  • hinged kitchen cabinets (+14.63%),
  • hallway cabinets (+12.38%),
  • various cabinets and cupboards (+12.46%).

We are tracking this indicator more closely, particularly the performance of various Russian regions, for various furniture categories, within our extended Market Reports.


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Macroregional Context