Three months of falling furniture retail prices came to an end in January, according to official data.

The Office for National Statistics (ONS) recorded furniture consumer price inflation of 0.2 per cent in the 12 months to January, up from a 0.3 per cent decline in the year to December.

Its figures ended three months of successive CPI falls for furniture, with November (-1.2pc) seeing the steepest fall.

Floorcoverings CPI declined from +3.6 per cent in the year to December to +1.5 per cent in the period to January 2015.

ONS said overall consumer price inflation dropped from 0.5 per cent in December to 0.3 per cent in January, with motor fuels and food the largest downward drag on prices.

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