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Furniture prices continue to decrease in Germany

Consumer prices for furniture continued to decrease In Germany, with the inflation rate - measured as the change in the consumer price index compared to the same month of the previous year - standing at +2.4 percent in May 2024. In April, the inflation rate was at 2.2 percent.

For furniture and lighting, consumer prices in May 2024 rose by +0.8 percent, down from +0.9 percent in April, indicating a further decline.

Photo: Dreamstime

Source: www.moebelkultur.de

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