Ikea raised the average price in its Irish stores by 11.2% amid rising costs across its supply chain, the flat-pack retailer confirmed Thursday. The increase is greater than an average price increase of 9% across the global business.

A spokeswoman for Ikea’s Irish branch said the Swedish group had succeeded in absorbing “the significant cost increases experienced throughout the supply chain” since the start of the Covid-19 pandemic , while keeping prices as low as possible.

“Now, like many other retailers, we have had to increase our prices to lessen the impact on our business,” she added.

“As prices are influenced not only by raw material prices but also by transport, logistics costs and local market conditions, price adjustments differ from country to country. While individual price increases vary, the average increase is 11.2% in Ireland, which is the global average of 9%.

irish stores

Ikea’s largest outlet in the Republic is located in Ballymun in Dublin, while the group also operates an order and collection point in Carrickmines. He has a smaller outlet in Naas, Co Kildare.

In a statement from the group, Ikea said there was “no anticipated disruption in the foreseeable future” with regard to transportation and raw material constraints.

“Unfortunately, for the first time since higher costs started to affect the global economy, we need to pass some of these increased costs on to our customers,” said Tolga Öncü, head of retail operations at Ikea. Retail (Ingka Group.