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

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