High prices, fewer choices: Inventory of summer goods is OK, but supply chain troubles loom

High prices, fewer choices: Inventory of summer goods is OK, but supply chain troubles loom

This post was originally published on this siteRetail inventories are set for summer, but beyond that, new supply chain strains are clouding the inventory and inflation outlook for the second half.     

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Russia’s Invasion of Ukraine Threatens Further Hikes in Food Prices

Russia’s Invasion of Ukraine Threatens Further Hikes in Food Prices

This post was originally published on this site  Even before Russia invaded Ukraine, food prices were spiking around the world because of supply chain disruptions. A combination of always unpredictable nature, bad policy, and busted supply chains (also largely from policy decisions) hiked the cost of fertilizer for farmers. That...

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Consumer Spending Rebounded in January, Economists Estimate

Consumer Spending Rebounded in January, Economists Estimate

This post was originally published on this siteRussia’s attack on Ukraine could raise gasoline prices, curbing growth in spending overall.

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Here’s the truth about rising inflation — and it has nothing to do with spending

Here’s the truth about rising inflation — and it has nothing to do with spending

This post was originally published on this site Inflation numbers for December indicate rising prices continue to be a major problem. The Personal Consumption Index, which the Fed uses to gauge inflation, was up 5.8 percent for the year that ended in December, a slight increase from 5.7 percent in...

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Shoppers Are Caught Off Guard as Prices Change More Often

Shoppers Are Caught Off Guard as Prices Change More Often

This post was originally published on this siteAirlines, gas stations and large retailers have used dynamic pricing for years. Now more sellers are trying out the strategy to help deal with inflation.

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PCE Index Probably Popped Again in November

PCE Index Probably Popped Again in November

This post was originally published on this siteThe Personal Consumption Expenditures index is expected to confirm what other inflation measures have shown: Prices are coming in hot.

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Warren targets supermarket chains over high food prices

Warren targets supermarket chains over high food prices

This post was originally published on this siteSen. Elizabeth Warren (D-Mass.) said in a letter to leadership at Kroger, Albertson’s and Publix that the grocery store chains are profiting off of struggling American families during the pandemic. “While many Americans faced the loss of…

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Consumers Trade Rib-eye for Ground Beef as Grocery Prices Rise

Consumers Trade Rib-eye for Ground Beef as Grocery Prices Rise

This post was originally published on this siteSupermarkets say shoppers are seeking out lower-cost options in the meat case in response to higher prices. Some retailers are securing bigger volumes of cheaper meat from new suppliers.

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