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Consumers are increasingly pushing back against price increases — and winning

Posted on AllSides February 26th, 2024
From The Left
AP Photo/Chris Rugaber

Inflation has changed the way many Americans shop. Now, those changes in consumer habits are helping bring down inflation.

Fed up with prices that remain about 19%, on average, above where they were before the pandemic, consumers are fighting back. In grocery stores, they’re shifting away from name brands to store-brand items, switching to discount stores or simply buying fewer items like snacks or gourmet foods.

More Americans are buying used cars, too, rather than new, forcing some dealers to provide discounts on new cars again. But the growing consumer pushback...

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https://apnews.com/article/inflation-consumers-price-gouging-spending-economy-999e81e2f869a0151e2ee6bbb63370af

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