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Inflation hits e-commerce after years of lower online prices: data

Inflation hits e-commerce after years of lower online prices: data

NY Post
Thursday, July 29, 2021 03:07:18 PM UTC

After years of falling prices online, Americans are beginning to pay more to shop online, new data released Thursday by Adobe shows.

Online prices rose 2.3 percent in June from a year earlier, according to the data, and 0.6 percent from May. That’s a slower rise in prices than the 5.4 percent year-over-year spike clocked by the Labor Department’s consumer price index, which largely ignores online prices.
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