inflationThumbJune broke a four-month run of falling furniture retail prices, marking only the fourth time in the past 12 months that prices haven’t been deflationary.

Furniture prices were flat (0.0 per cent) against June 2014 last month, according to the Office for National Statistics. That compared with falls spanning 0.2pc–2.1pc in the four months immediately prior. May’s drop was 0.8 per cent.

The combined furniture, furnishings and flooring figure was still negative, however, with a 1.2 per cent drop recorded against June 2014.

This was because the ONS recorded flooring CPI of -3.9 per cent in June, slightly narrower than the -4.3 per cent figure for May.

Overall CPI dropped back to 0.0 per cent in June, from 0.1 per cent in May, with falls in clothing and food prices the main contributors along with a smaller rise in air fares compared to a year ago.