Higher prices push up April retail sales
Grocery price inflation hit a four-year high, while retail sales moderated after a surge in March.
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Grocery price inflation hit a four-year high, while retail sales moderated after a surge in March.
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.
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.
The effects of the cocoa shortage and tariffs continue to fuel double-digit price hikes across some seasonal treats.
Per Financebuzz, hosting a Super Bowl party will be 7.2% more expensive than in 2025 and 43.9% more expensive than 2020.
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