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Furniture prices have climbed since 2020—up 11% for bedroom sets and 25% for living room, kitchen and dining pieces—yet industry voices note that increases trail overall inflation of nearly 26% and have eased from 2022 peaks. Makers face higher utilities, insurance and wages, while competition and offshoring keep stickers in check. Tariffs first pushed production from China to Vietnam; this year Trump raised broad import duties, prompting hikes at companies like Ashley Furniture and warnings from an industry trade group. Shoppers still balk, weighing cheaper imports against costlier US options and postponing replacements.

Prepared by Christopher Adams and reviewed by editorial team.