Leather sofas drive prices up in furniture sector

United Kingdom
Published:  19 January, 2017

Leather sofas have contributed once again to increased UK furniture and furnishings prices in December 2016.

Prices in the furniture, household equipment and maintenance category in the UK increased 0.9% between November and December 2016, mainly driven by a rise in prices for leather furniture. However, the increase was lower than in the corresponding figure the prior year, when prices were up 1.1%, according to according to figures from the Office for National Statistics (ONS) in its Consumer Prices Index for December 2016.

In November 2016, furniture and carpet prices rose 1.5%, compared to a 0.1% drop in the previous month of October. The figure was also higher than in November 2015, when prices increased 0.2%. Read more here.

Source: Cabinet Maker