The United States has seen inflation for 20 consecutive months, and e-commerce prices continue to rise

The United States has seen inflation for 20 consecutive months, and e-commerce prices continue to rise

According to the latest Digital Price Index data released by Adobe , online prices in the United States rose again in January, with grocery prices increasing by a record 5.8% year-on-year .

 

Adobe reported that overall, online prices rose 2.7% year-over-year in January, marking the 20th consecutive month of e-commerce inflation. Compared with the previous month, prices rose 1.1%. However , January's increase was not as large as the annual gains recorded during the holiday season, when prices rose 3.5% year-over-year in November and 3.1% year-over-year in December.

 

Patrick Brown, vice president of marketing at Adobe , said that while price declines in categories such as electronics and apparel have brought online inflation down slightly from record highs last November , consumers are still struggling with rising prices in the digital economy.

 

Brown mentioned that at the time of the report , e-commerce inflation was particularly evident in categories such as groceries , where online prices continued to set new records while consumer demand for online grocery shopping remained increased.

 

Adobe tracks 18 categories of products . Five of the 18 categories saw year-over-year price declines in January -- electronics, jewelry, books , toys and computers -- while prices in the rest rose.

 

Apparel prices were up 15.75% year-over-year , but down 1.74% from December. Adobe said the decline from December helped lower the overall January number due to high online apparel sales. Apparel prices saw particularly large increases during the holiday season , with prices up 17.3% year-over-year in November and 16.6% in December.

 

Online grocery prices have risen for 24 consecutive months , with January's 5.8% increase exceeding the category 's previous high of 5.2% year-over-year growth in October 2020 .

 

Adobe also reported that the medical equipment and supplies category also saw record growth in January due to demand for Covid-19 testing kits, with the category growing 8.2% year-on-year .

 

Electronics prices fell 3.4% compared to January 2021. Adobe attributed the decline to a drop in overall inflation during the month. Toy prices also fell 5.96% compared to January of last year , but rose 3.1 % compared to December 2021, when holiday discounts kept toy prices in check .

E-commerce platform

Cross-border e-commerce market

inflation

<<:  AirPods sales reach $20 billion a year, Apple leads the US headphone market

>>:  15 billion yuan! SHEIN Greater Bay Area supply chain project has started

Recommend

Amazon's big-name supplier terminates IPO due to performance error of nearly 40%

With the rapid development of cross-border e-comm...

What is Benren Technology? Benren Technology Review, Features

<span data-docs-delta="[[20,{"gallery"...

What is Mengdianzhang ERP? Mengdianzhang ERP Review, Features

The purpose of Mengdianzhang ERP is to improve se...

US court dismisses antitrust lawsuit against Amazon

It is understood that in May last year, Washingto...

What is CashCowPro? CashCowPro Review, Features

CashCowPro is a comprehensive Amazon management t...

Musk and Trump had a live conversation, and Anker became the "biggest winner"!

In the past two days, the news that Trump is prom...

What is Dintero? Dintero Review, Features

<span data-docs-delta="[[20,{"gallery"...