Key Points

  • As shoppers await price cuts, retailers like Home Depot say their prices have stabilized and some national consumer brands have paused price increases or announced more modest ones.
  • Yet some industry watchers predict deflation for food at home later this year.
  • Falling prices could bring new challenges for retailers, such as pressure to drive more volume or look for ways to cover fixed costs, such as higher employee wages.
  • Dead_or_Alive@lemmy.world
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    4 months ago

    No thank you, we do not need China dumping their goods in our markets. Just look at the EV dumping going on in the EU.

    Decoupling is why you see massive deflation and unemployment in China and part of the reason why you don’t see it in the USA. Opening our markets to them would doom many of our industries and drive up unemployment for our youth.

    • dragontamer@lemmy.world
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      4 months ago

      Agreed.

      But China will try anyway. Some geopolitical moved are obvious.

      TEMU is a symptom of this obvious policy for example