Flatpack furnishings specialist Ikea has confirmed it has elevated the typical worth of merchandise in its UK shops by 10% resulting from rising provide chain prices.
The retailer mentioned it has been compelled to extend costs within the UK by greater than the worldwide 9% common resulting from “native market circumstances”, together with elevated HGV and logistics prices.
Nevertheless, evaluation by the Day by day Mail has discovered that some beds, wardrobes and desks have spiked in worth by as a lot as 50%.
A Malm chest of drawers has gone up from £99 in mid-December to £150 right now – a bounce of 52% – a Hemnes daybed body has elevated from £215 to £279, and a Klippan two-seater couch has risen from £199 to £229 – 15% extra.
The problem was first raised by clients on-line, who observed the sharp will increase after Christmas, with some questioning why costs had not fallen as a part of Boxing Day gross sales.
Ikea responded in a tweet: “Sadly, there was a major enhance in prices throughout the provision chain, together with in uncooked supplies, transport and logistics. As that is nonetheless ongoing it’s crucial to extend costs throughout a lot of our merchandise.”
A spokesman mentioned: “The results of Covid-19 proceed to evolve and affect industries everywhere in the world.
“For the reason that begin of the pandemic, Ikea has managed to soak up the numerous value will increase skilled throughout the provision chain whereas conserving costs as low and secure as we presumably can.
“Now, like many different retailers, now we have needed to increase our costs to mitigate the affect on our enterprise.
“As costs are influenced not solely by the uncooked materials costs but in addition by transportation, logistical prices and native market circumstances, worth changes differ from nation to nation.
“While particular person worth will increase fluctuate, the typical enhance is 10% within the UK, in keeping with the worldwide common of 9%.”
Households are dealing with a cost-of-living disaster in 2022, with every house set for a £1,200 enhance in payments subsequent yr as vitality costs soar.
Retailers have been growing costs in response to the pandemic and provide chain points, which have seen delivery and uncooked materials prices rise considerably.
Inflation is now working at greater than 5% and there are additionally issues for jobs as the most recent wave of Covid-19 hits the hospitality sector arduous.
New post-Brexit guidelines resulting from come into drive from January 1 may additionally trigger delays to shipments as the quantity of paperwork required will increase.