Ikea plans more US price cuts as transportation and materials costs go down

Swedish retail giant IKEA has been cutting prices for some of its items as inflation eases and the cost of raw materials drop globally. More could be on the way as inflation and raw materials prices drop globally, experts say. IKEa is cutting prices in response to the drop in raw materials and inflation.

Swedish retail giant IKEA has been cutting prices for some of its items as inflation eases and the cost of raw materials drop globally. More could be on the way as inflation and raw materials prices drop globally, experts say. IKEa is cutting prices in response to the drop in raw materials and inflation.

Ikea plans more US price cuts as transportation, materials costs ease. Ikea will continue reducing the prices of its products globally as pressures that mounted during the pandemic start easing. Ikea plans to continue reducing prices globally as pressure mounts during pandemic starts to ease.