Online shopping used to be immune to inflation. Not anymore - NewsBreak
By Alvarez in Business
Updated 3 years ago
Sticker shock has even invaded the land of falling prices: online shopping. Through economic booms and busts, e-commerce has long been virtually immune to inflationary pressures. Average online prices dropped every year between 2015 and 2019. But Covid ended that once-reliable trend. Online prices jumped 3.1% year-over-year in July, according...