Tuesday 22 October 2013

Bloomberg's Billy Bookcase Index

"Bloomberg’s annual Billy index shows that the Swedish furniture chain’s signature bookcase remains cheapest in Europe with a price of 34.95 euros ($46.48) in Slovakia and the Netherlands. The Dominican Republic topped the list, which is based on the 2014 catalog on Ikea’s website, with a price of 3,995 pesos ($94.72). The bookshelf costs $59.99 in the U.S. and 349 yuan ($57) in China...
"For next year, the average cost globally is $58.93, little changed from $59.35 in the 2013 catalog. In local currency, the bookcase’s price only changed in eight countries. It was cut in the Dominican Republic and parts of Australia and increased in Turkey, Greece, Cyprus, the Czech Republic, Poland and the Netherlands, which saw the biggest percentage change at 17%...

"For 2014, the difference between the costliest and the least expensive bookcase was $48.24, down from $72.14 in 2013."

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