PYMNTS-MonitorEdge-May-2024

inflation

Rising Inflation Lowers Consumer Confidence
Rising Inflation Lowers Consumer Confidence
November 24, 2021  |  Economy

Consumer sentiment dipped to its lowest point in decades amid rising inflation and a decline in living standards, according to a Wednesday (Nov. 24) report...

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Plunging Lira Prevents Turks from Buying iPhones, Electronics
Plunging Lira Prevents Turks from Buying iPhones, Electronics
November 24, 2021  |  International

Apple iPhones and other electronics are out of reach for people in Turkey after the lira continues dropping, losing 40% in value since the start...

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Inventory Shortages Could Make Holiday 2021 The Year of the Gift Card
Inventory Shortages Could Make Holiday 2021 The Year of the Gift Card
November 19, 2021  |  Payment Methods

It’s a week before Black Friday, and sales of prepaid gift cards have already started to surge. There are the usual reasons: Nearly 40% of people will be disappointed with at least some of the...

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Farm Bureau: Inflation Gobbling Thanksgiving Budgets
Farm Bureau: Inflation Gobbling Thanksgiving Budgets
November 18, 2021  |  Retail

Inflation is taking a bite out of Thanksgiving dinner, with prices anticipated to be up about 14% over last year, according to data from the...

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Growing Concerns About Inflation, Supply Chains Garner ‘All Hands on Deck’ Response
Growing Concerns About Inflation, Supply Chains Garner ‘All Hands on Deck’ Response
November 10, 2021  |  Supply Chain

President Joe Biden spoke with chief executives from Walmart, Target, UPS and FedEx on Tuesday (Nov. 9) in an effort to get more merchandise moving...

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US Inflation Rate Surges Past 6%, Highest Since 1990 
US Inflation Rate Surges Past 6%, Highest Since 1990 
November 10, 2021  |  Economy

The COVID-19 pandemic continues to impact U.S. consumers as the cost of nearly everything has increased dramatically over the last 12 months. In all, the...

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Retail Sales Up 0.7% in September as Inflation Continues to Rise
Retail Sales Up 0.7% in September as Inflation Continues to Rise
October 15, 2021  |  Retail

Labor Day travel and continued consumer resilience contributed to a 0.7% increase in consumer spending last month, the U.S. Commerce Department said on Friday (Oct....

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Kroger Combats Consumers’ Inflation Concerns With Data-Informed Discounts
Kroger Combats Consumers’ Inflation Concerns With Data-Informed Discounts
September 10, 2021  |  Retail

As consumers grow worried about rising costs, grocery giant Kroger is keeping them shopping with personalized offers through its ecommerce platforms. In its second quarter...

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With Low-Price Value Prop, Walmart Grocery Could Benefit From Rising Inflation
With Low-Price Value Prop, Walmart Grocery Could Benefit From Rising Inflation
August 17, 2021  |  Retail

With low prices at the core of its value prop for consumers, Walmart grocery may actually benefit from rising inflation in food and beverage categories....

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