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OVERALL inflation may have fallen last month but consumer price inflation for furniture climbed to its highest rate in exactly a decade.


From 3.4 percent in the year to May, CPI for furniture ramped up to 5.3 percent in the year to June, according to Office for National Statistics data released yesterday.


While overall CPI slowed 30 basis points to 2.6 percent, the hike in the furniture retail price inflation rate took it to its highest level in ten years.


Back then, consumer prices for furniture were briefly annualising in high single-digits, touching 8.2 percent in the year to June 2007, according to historical ONS data compiled by The Furnishing Report.


Floorcoverings price inflation tracked furniture in the year to June—also rising 5.3 percent—up from 4.8 percent in the year to May.

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