U.S. Supply Chains & Inflation
Persistently elevated inflation continues to be a dominant force affecting purchasing decisions – and will remain so until the pace of price growth posts a meaningful retreat. Our Supply Chains & Inflation Report dives into the latest inflation concerns as the pandemic continues to impact purchasing considerations.
- High inflation is causing consumers to increasingly dip into savings, forcing some to recalibrate purchasing priorities.
- Gas prices jumped higher in May, discouraging transportation-related purchases as the summer travel season nears.
- Consumers reported lessening difficulty tracking down grocery items, though out-of-stock items continue to limit certain food purchases.