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UK furniture and flooring prices continue downward trend

In July, UK retail prices for furniture continued their downward trend, marking the seventh consecutive month of deflation. Prices for household furniture were 2.4% lower than the previous year, reflecting a consistent decline since January.

Garden furniture experienced another significant drop, falling by 18.1%, marking its fourth consecutive decline. Conversely, furnishings fabrics and curtains saw a rise for the third consecutive month, with prices increasing from 3.6% to 4.3%.


Photo: Dreamstime.

In this same month, retail prices for flooring continued to fall, marking the third consecutive month of deflation, though the rate of decline slowed from 0.9% to 0.6%, according to ONS data. Smooth flooring experienced its eighth month of deflation, with the rate decreasing from 4.1% to 3.6%. Carpet and rug prices rose by 0.4%, up from 0.2% in May (with no data for June), but still far below the 3.3% increase observed in April and 10.6% in January.

Source: www.interiorsmonthly.co.uk

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