Israel's Economy Ministry slams IKEA's high prices

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Feb 06, 2020 | News | Jerusalem & Area
Israel's Economy Ministry slams IKEA's high prices

Israel's Ministry of Economy and Industry has published a survey by the Israel Consumer Council, which states, "Some of IKEA's products are much more expensive than similar products at the Home Center and ACE chains… Surprisingly, the small furniture stores, which have little purchasing power, are also far cheaper than IKEA in a variety of products."

Examples sited by the survey include a three-door closet sold for NIS 2,615 at IKEA, "while the prices average NIS 924 at the ACE and Home Center chains and NIS 1,050 at the small stores."

Full Story (Globes)


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