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inflationThumbFurniture prices slipped back into negative year-on-year territory in July to clock up a sixth successive month where category inflation has been flat or sub-zero.


The consumer price index for furniture and furnishings was -0.5 per cent last month, according to the Office for National Statistics, dropping from 0.0 per cent in June.


ONS’ figures mean furniture prices haven’t been inflationary since January (+0.2 per cent) and have been either zero or below for nine of the past ten months.


Carpets and flooring prices are also falling, though July’s 2.2 per cent drop represented a narrowing on the 3.9 per cent decline recorded by ONS in June.


Overall inflation jumped from 0.0 per cent in the year to June to 0.1 per cent in the year to July, the result ONS said of a smaller fall in clothing prices compared to the same month a year ago. Falling prices for food and non-alcoholic beverages partially offset the rise.



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