Furniture retailer Ikea is going to raise its prices significantly. Worldwide, prices are expected to rise by an average of 9 percent. A spokesman for Ikea Germany said this on Thursday.
–
jvhSource: BELGIAN
—
The decision concerns “all product ranges and all countries,” it said. However, the price increases would differ greatly from country to country, as costs also vary widely in individual countries.
The Swedish furniture giant refers for the price increases to the corona crisis, the impact of which is becoming increasingly apparent. Since the start of the pandemic, Ikea has been able to “capture the huge cost increases in the value chain without raising the prices of the products”. But the company is not immune to the uptrend, it said. “That is why, for the first time since the global price hikes started, we are also raising the prices of our products.”
— .
