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Consumers are tired of inflation. But some retailers fear falling prices - TL;DR CNBC

Consumers are tired of inflation. But some retailers fear falling prices

Publishing timestamp: 2024-02-25 08:00:01


Summary

Retailers like Home Depot say prices have stabilized, but some predict deflation for food at home later this year. While some national consumer brands have paused price increases, others are still raising prices. The latest government data shows inflation is still a concern, with prices rising faster than expected. Some products have seen price cuts, but not all commodities have tumbled in price. Food suppliers are facing weaker demand, which could lead to meaningful price cuts. Companies are navigating the delicate balance between protecting profits and passing on lower input costs to consumers. Deflation could offer consumers relief, but it also presents challenges for businesses.


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Keywords: hershey cobusiness newsbrad thomaspepsico inc.unilever plcrestaurantsbreaking news: businesshome depot incjimmy deantyson foods inckellogg cocal-maine foods incfood and drinknestle sabusinesskraft heinz cowalmart inccoca-cola copricesretail industry

Source: https://www.cnbc.com/2024/02/25/inflation-vs-deflation-retailers-fear-falling-prices.html


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