Higher prices push up April retail sales
Grocery price inflation hit a four-year high, while retail sales moderated after a surge in March.
Uncover expert perspectives and breaking news regarding economic pressures. We highlight the key players and strategic breakthroughs moving the retail needle.
Grocery price inflation hit a four-year high, while retail sales moderated after a surge in March.
A new study from Simon-Kucher found higher-income shoppers are increasing their private label purchases since last year.
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.
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