• Online prices rose 0.4% on an annual basis in August, while rising 2.1% month-over-month
  • Grocery prices continue to surge, hitting another record high at 14.1% year-over-year; prices for electronics continued to drop at 10% year-over-year
  • Consumer demand remains resilient, with $64.6 billion spent online in August, up 6.5% year-over-year

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