What’s next for U.S. inflation?
July had some good news for U.S. consumers—inflation finally leveled off. After reaching a 40-year record high inflation rate of 9.1% year-over-year in June, July’s report dropped to 8.5%, fueled by a sizable drop in gas prices.
August’s inflation report saw a rise of 0.1% however, which may sound small but points to a critical point—many necessities like food are still stuck at abnormally high prices. What does this mean for retailers?
In the newest version of our U.S. inflation tracker, you’ll learn:
- What categories have most heavily impacted the inflation rate
- How inflation has changed consumer behavior and purchase strategies
- Tips for how to price in this environment for the rest of the year
Download the report today!
Take the next step
Inflation is here. Do you have the actionable insights you need now to plan for what’s next? Once you’ve reviewed our latest update, we’ve created an affordable report pack to arm you with the data you need to get ahead of inflation.