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Grocery prices dip for the first time since 2020
Top tier grocery market share have decreased from 24.5 percent in 2019 to 9 percent this year and the cheapest tier of the grocery market has increased by 13 percent to nearly half the market.
Does that leave money on the table for the adult biz? |
And more good news:
Inflation moderated notably in March as a decline in gas prices helped to pave the way for the slowest pickup in prices in nearly two years, providing relief for many American consumers and some evidence that the Federal Reserve’s campaign to raise interest rates and cool the economy is beginning to work. The Consumer Price Index climbed 5 percent in the year through March, down from 6 percent in February. That marked the slowest pace of price increases since May 2021. |
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