Encouraging inflation news: Online prices keep dropping | CNN Business

Adobe said e-commerce prices were 1.6% lower than the year before, marking the fourth consecutive month of annual price declines. For many years, online prices did nothing but fall as e-commerce was immune to inflationary pressures. That changed following the start of the Covid-19 pandemic as strong demand and supply chain trouble lifted online prices. Vivek Pandya, lead analyst at Adobe Digital Insights, told CNN the return of falling prices is a big positive for consumers.

The categories experiencing the biggest annual price drops include computers , electronics , toys and sporting goods , Adobe said. “Retailers, who were either dealing with excess inventory or contending with a softening spending environment, embraced big discounts this year to drive volume,” Pandya said. Prices are still rising year over year in products that typically lack heavy discounts, including personal care and medical equipment . Grocery prices jumped 13.

Kat4Obama Thanks Joe Biden!

We are shouting FarhadTahazadeh and FarzadTahazadeh 's names because there's no time left to save them! Do something before this morning! They're at risk of execution by that time! INNOCENT LIVES ARE IN SERIOUS DANGER. IRGCterrorists

He get death sentences.He is just another innocent young man who wants to see his daughter. MahsaAmini IranRevolution IRGCterrorists

❗️Revolutionary Guards threaten with terrorist attack on French & CharlieHebdo ❗️ Hossein Salami,Supreme Commander of IRGCterorrists : Those who insult clerics should see the fate of SalmanRushdie You’ve made this big mistake now,but Muslims will answer you sooner or later

Grocery prices are still sky high and the price of diesel is almost $5/gallon. That price seems to be the determining factor for how prices go so until that price drops dramatically we’re in big trouble

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