IKEA slashes prices of popular products despite rising inflation

Furniture giant reduces costs of sofas, beds and mattresses to help customers cope with cost of living crisis

IKEA has announced it is slashing the prices of some of its most popular products in a bid to help customers cope with the rising cost of living.

The furniture giant said it will be reducing the cost of a range of sofas, beds and mattresses by up to 20%.

The move comes as inflation continues to soar, with the latest figures showing the Consumer Prices Index (CPI) rose by 10.1% in the 12 months to September.

IKEA's decision to cut prices is likely to be welcomed by customers who are struggling to make ends meet.

The company said it understands that many people are facing financial difficulties at the moment.

It added that it is committed to helping customers save money and make their homes more comfortable.

IKEA's price cuts will be in place from 1 October.

The company said it will be reviewing its prices on a regular basis and will make further reductions if necessary.

Which products are included in the price cuts?

The following products are included in the price cuts:

• Sofas
• Beds
• Mattresses

The price cuts vary depending on the product.

For example, the Ektorp sofa will be reduced from £499 to £399.

The Malm bed will be reduced from £199 to £159.

And the Hamarvik mattress will be reduced from £299 to £239.

How can I take advantage of the price cuts?

To take advantage of the price cuts, simply visit your local IKEA store or shop online.

The price cuts will be applied automatically at the checkout.

IKEA's price cuts are a great way to save money on essential furniture items.

If you're looking to update your home, now is the perfect time to visit IKEA.

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