US inflation has led to an overall increase in product prices, with the highest increase exceeding 15%

US inflation has led to an overall increase in product prices, with the highest increase exceeding 15%

Under the inflation in the United States, the prices of online and offline products have increased significantly.

 

In recent times, inflation in the United States has continued to worsen, with the inflation rate rising by 7.5% compared to a year ago , a 40-year high. Under this circumstance, the prices of daily necessities have also risen significantly.

 

Data released by the U.S. Bureau of Labor Statistics showed that in the 12 months ending January 2022 , the prices of people's daily necessities saw the largest increase since 1982 , both online and offline .

 

"Growth was broad-based, with nearly all of the component indexes increasing over the past 12 months, " the BLS said. The all-item index rose 7.5% in the 12 months ending January 2022 , while the all-item index excluding food and energy rose 6%.

 

Adobe also recently released its online price index, and according to data from January 2022 , online prices rose 2.7% year-on-year and 1.1% compared to December 2021. Adobe said that by January 2022 , online grocery prices had risen for 12 consecutive months, making it the only category that moves in sync with the Consumer Price Index ( which measures changes in prices consumers pay for goods and services ) .

 

Adobe 's survey involved 18 product categories, 1 trillion retail website visits and 100 million SKUs. Data showed that prices of 13 categories of products increased year-on-year, with clothing seeing the largest increase of 15.8%. Prices of five categories, including electronics, jewelry, books, toys and computers, fell.

 

Compared to other products, grocery prices rose in January, with the highest annual increase, marking two consecutive years of inflation in this category. In addition, medical equipment also saw strong growth, with a year-on-year increase of 8.2%, a record high, which also coincides with the surge in Omicron .

 

Rising inflation has directly increased the financial pressure on American consumers , especially the economic burden on the lower-income people , which has also made them more sensitive to prices when shopping.


inflation

USA

rise

<<:  Involved in a debt crisis, SHEIN was sued by Cross-Border Communications!

>>:  Amazon's US employee headcount exceeds 1 million

Recommend

What is Brilliant Bicycles? Brilliant Bicycles Review, Features

Brilliant Bicycles is a simple supply chain that d...

Staples is using a new e-commerce platform to promote its products

With a multi-channel online sales strategy, Stapl...

Amazon's third-party brand acquisitions surge to India

Powerhouse91 was co-founded by Shashwat Diesh and...

What is Tommy John? Tommy John Review, Features

Tommy John is an American apparel company that pr...

What is motowoks? motowoks Review, Features

motowoks is a website focusing on bicycle accessor...

What is Stash? Stash Review, Features

Stash is a personal finance app that combines ban...

Target and Costco no longer sell this product due to suspected forced labor

Recently, People for the Ethical Treatment of Ani...

What is Yuanbo E-commerce? Yuanbo E-commerce Review, Features

Yuanbo E-commerce Service Co., Ltd. was establishe...

What is Skubana

Skubana can help Amazon sellers manage all back-e...

AI is driving Chinese brands towards globalization

In 2024, generative AI will remain as popular as ...