Are you still alive or are you already desperate? The Swedish furniture giant has drastically increased the prices of many popular products since 2020, sometimes even doubling them. When shopping, the Austrians are now beaten up in terms of price. Read a selected price comparison for Billy, Malm, Hemnes & Co., the reasons for the price explosion and what Ikea says about it.
Ikea had already announced price increases of over nine percent on average in 2021 and 2022. There are, however, price increases of 100 euros and more for some furniture. IKEA Austria had announced a very pleasant result for the 2021/22 financial year: from August 2021 to August 2022, gross sales of 914.73 million euros were generated in Austria – a growth of three percent.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
