IKEA Raises Prices

If you’ve tried to buy furniture at all in the last year, you’ll know the frustrations of customers having to wait months for any kind of delivery date.

Add in the global supply chain challenges, it has been a perfect storm for supply chains around the world.

So, inevitably, prices were going to be increasing.

One of the larger furniture retailers in the world, IKEA has announced it will raise it’s prices on average of 9% – a significant increase in prices – to help offset the increase in costs of shipping.