October 4, 2022
Adobe Report Indicates Online Inflation Is Decelerating

That’s according to the latest data released by Adobe, which reported Thursday that online prices in May were up 2 percent on an annual basis, but down from the 2.9 percent year-over-year increase in April and the record 3.6 percent year-over-year increase in March. Month-over-month, online prices decreased 0.7 percent.

Online prices for apparel in May increased 9 percent year-over-year, but were down 1.5 percent month-over-month, and down from the 12.3 percent year-over-year increase in April, the 16.3 percent year-over-year increase in March, and the 16.7 percent increase in February.

“While the category has now seen 14 months of online inflation, reversing a predictable pattern of heavy discounting periods, there are continued signs that prices are beginning to ease,” Adobe stated in its report.

Electronics prices online in May were down 6.5 percent year-over-year, down 1.4 percent month-over-month. In April, prices on electronics were down 5.2 percent year-over-year.

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