Inflation Hits Core Categories Hard. According to the US government, May inflation rates hit a 40-year high with prices rising an average of 8.6% year over year. But what about the last few months? Have prices risen or fallen on Walmart.com in the last 120 days?
Because we were curious, Webata tracked the average price of more than 165,000 items listed by Walmart on Walmart.com. Overall, the average price jumped from $13.32 to $16.98, representing a 27% increase!
How about inflation for specific categories? While the results vary greatly, you might be surprised at how price increases have affected some categories more than others. Check out the inflation patterns for these four everyday staple purchases below.
To learn more about pricing changes in your category or among your competitors, click here: experts@Webata.com.