Article 5Y8T9 UK furniture prices to rise as war in Ukraine drives up cost of timber

UK furniture prices to rise as war in Ukraine drives up cost of timber

by
Zoe Wood
from World news | The Guardian on (#5Y8T9)

Trade body says pressure on manufacturers will have to be shared with retailers and consumers'

Shoppers are being warned that the cost of a new sofa and other furniture is to race higher as the Russia-Ukraine war pushes up the cost of key materials such as timber.

We have never seen anything like this in terms of across-the-board price increases for materials," said Sean Holt, the managing director of the British Furniture Manufacturers, the industry's trade body. It is putting a lot of pressure on manufacturing in the UK and that will have to be shared with retailers and consumers."

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