Chart of the Week01 Dec 2023
Discounting the return of goods price deflation
It was another good holiday season for deep discounting.
PriceStats’ electronics and recreation series has fallen close to 1.5% in the thirty days prior to the sales; much deeper than the norm, but matching 2022.
The big question now is whether demand will support the sharper rebound in prices in the coming three months as it did last year.