In November, the overall price of online items in the United States rose by 3.5%! The inflation level hit a record high!

In November, the overall price of online items in the United States rose by 3.5%! The inflation level hit a record high!

It is learned that according to the Adobe Digital Economy Index (DEI) research, on average, the prices of online items in the United States increased by 3.5% in November, and the inflation level reached a historical high.

According to Adobe research, US consumers spend $1 in every $4 they spend online. Although prices have risen, Americans' online spending levels have not been affected.

Adobe pointed out that prices in three categories, apparel, groceries, and home appliances, all rose in November:

  • The clothing category had the highest price increase, up 17.3% year-on-year. In the past eight months, the online price of this category has increased by more than 9% year-on-year every month.
  • Home appliances ranked second with a 4% year-on-year price increase. Online prices in this category have been rising for 19 consecutive months.
  • Grocery prices were up 3.9% year-over-year, ranking third. Online prices in this category have risen for 22 consecutive months.

It is learned that the categories with online price drops include: electronics, personal care products, office supplies, jewelry, books, toys and computers. Among them, the price of electronic products fell by 0.4% year-on-year, and the price of game consoles, mobile devices, TVs and wearable devices fell the most. The price of toys fell by 2.9% year-on-year, which is the only category with a higher price drop than the previous quarter.


Editor ✎ Nicole/

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