IKEA Raises Prices by an Average of 9% Next Year
IKEA will increase the prices of goods in its stores around the world by an average of 9% in 2022 due to continuing problems with supply and transport, AFP reported.
The agency cited a statement from the holding company Ingka Group, which owns 90 percent of the home furnishings of Swedish giant IKEA.
The reason for the increase is the increased costs for transport and raw materials.
These higher costs, which are felt mainly in North America and Europe, will have to be borne by customers, the Ingka Group said in a statement.
The global average price increase in IKEA stores will be 9%, but will vary from country to country due to inflation and local supply and transport difficulties.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » Bulgaria: Inspections of Fast Loan Companies are starting all over the country
- » Bulgaria: Natural Gas in June will become cheaper by 15% thanks to the Azeri Gas Interconnector
- » Bulgaria: The Budget Committee accepted the Budget Extension
- » Bulgarian National Bank: We are on the Final stretch on the Road to the Eurozone
- » Bulgaria imported over 55,000 tons of Fresh Vegetables and 66,000 tons of Fruit in January and February
- » Bulgaria fails to achieve Good Placement in Sustainable Tourism Ranking