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Good inflation news: Online shopping prices are suddenly falling fast

Summary by KCRA 3
Walmart, Target and Best Buy have all recently warned of an inventory glut that is eating into profits and prompting price cuts.
2 months ago

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Good inflation news: Online shopping prices are suddenly falling fast

The world of online shopping was long immune to inflation until Covid-19 turned everything upside down.

2 months ago·Atlanta, United States
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KVIAKVIA

Good inflation news: Online shopping prices are suddenly falling fast

By Matt Egan, CNN BusinessThe world of online shopping was long immune to inflation until Covid-19 turned everything upside down.E-commerce prices began rising in June 2020, beginning an unprecedented stretch of 25 consecutive months of increases that underscored the severe price pressures hitting the US economy.That streak has finally ended. Online prices declined by 1% year-over-year in July, snapping a string of nearly two years of persistent…

2 months ago
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KCRA 3KCRA 3

Good inflation news: Online shopping prices are suddenly falling fast

Walmart, Target and Best Buy have all recently warned of an inventory glut that is eating into profits and prompting price cuts.

2 months ago·Sacramento, United States
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WCVBWCVB

Good inflation news: Online shopping prices are suddenly falling fast

Walmart, Target and Best Buy have all recently warned of an inventory glut that is eating into profits and prompting price cuts.

2 months ago·Boston, United States
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WLWTWLWT

Good inflation news: Online shopping prices are suddenly falling fast

Walmart, Target and Best Buy have all recently warned of an inventory glut that is eating into profits and prompting price cuts.

2 months ago·Cincinnati, United States
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WHDHWHDH

Good inflation news: Online shopping prices are suddenly falling fast

(CNN) — The world of online shopping was long immune to inflation until Covid-19 turned everything upside down.E-commerce prices began rising in June 2020, beginning an unprecedented stretch...

2 months ago
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86% of the sources are Center
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Tucson
Arizona Daily Sun
KVIA
KCRA 3
WCVB
WLWT
WHDH
WMUR
+38
The Billings Gazette
KSL
Richmond Times-Dispatch
 
C 84%
 
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