Consumer sentiment plunges as prices spike
High gas prices drove up the 0.9% jump for the Consumer Price Index in March, with core CPI rising 0.2% YoY.
Inflation, debt, and shifting household budgets are changing how consumers shop. Analysis of economic forces driving trade-downs, deal-seeking, and spending shifts.
High gas prices drove up the 0.9% jump for the Consumer Price Index in March, with core CPI rising 0.2% YoY.
The European Central Bank said that as retailers lose the ability to absorb higher tariffs, US consumers will pay the price.
The delayed Commerce Department report indicated strong spending prior to the war.
RTB House’s new consumer study reveals that 50% of Gen Z customers will dwell on what’s in their cart for two or more days before committing to a purchase.
Food prices outpaced overall inflation, and are among the consumer goods that could be impacted by higher fuel costs.
Rising grocery prices and economic anxiety are pushing shoppers toward sales, private labels, and cheaper dining options.
The effects of the cocoa shortage and tariffs continue to fuel double-digit price hikes across some seasonal treats.
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