The largest declines in online prices were observed in categories like computers, electronics, and appliances. Analysts link the downward trend to decreased demand, high interest rates, and surplus inventories. On the other hand, sectors like groceries and personal care products have maintained steady prices due to unwavering demand.
Adobe Index Shows Online Prices Drop for Eighth Straight Month
Posted by: John P. Mello Jr. May 10, 2023 05:00 AMThe largest declines in online prices were observed in categories like computers, electronics, and appliances. Analysts link the downward trend to decreased demand, high interest rates, and surplus inventories. On the other hand, sectors like groceries and personal care products have maintained steady prices due to unwavering demand.