IKEA “delighted” Russians with an imminent rise in prices for goods – Rosbalt

IKEA, an international home goods store chain, plans to raise prices, including in Russia, due to rising costs of transportation and raw materials, Kommersant newspaper reported, citing a statement from INGKA Group, which operates the international IKEA chain of stores.

As INGKA Group clarifies, price increases will also depend on inflation in a particular country. “Unfortunately, now, for the first time since the increase in spending (on the transportation of goods – ed.) Began to affect the global economy, we must pass some of these increased costs to our customers,” admitted the company’s retail sales manager Tolga Ondju.

According to the publication, prices are expected to rise by an average of 9%.

We will also remind that on November 10, the general director of IKEA in Russia, Pontus Erntell, said at a press conference that the Russian IKEA is not yet planning a significant increase in prices, but the company is monitoring the development of the situation.

“At the moment, we have no plans to seriously increase prices. We, of course, need to monitor the development of the situation, we have no immunity. But now we have no plans for any significant increase in prices, “- quoted a PRIME top manager.

Meanwhile, in early November, Inter Ikea’s chief financial officer Martin van Dam did not rule out that the international chain of stores for home goods IKEA could resort to price increases for the first time since 2019, while the company’s profits are reduced due to supply disruptions.

And before that, in mid-October, IKEA warned of a possible shortage of goods until the end of August next 2022 due to the global crisis in the supply chains. This was stated in an interview with Bloomberg by the CEO of Inter IKEA, the global franchisor of the brand, John Abrahamsson Ring.