Online prices fall
Posted on 27 March 2023
Half of the 18 categories Adobe tracks saw prices fall on an annual basis.
Key takeaways:
- Online prices fell 1% compared with January 2022, but rose 1.7% from December 2022.
- Following the holiday season, prices continued falling year over year across major categories including electronics, toys and computers, as well as home/garden, appliances and sporting goods.
- Price increases have continued slowing in recent months across certain categories with persistent inflation, including groceries, pet products and tools.
Online prices in January 2023 fell 1% year over year — the fifth consecutive month of year-over-year declines, according to data from the Adobe Digital Price Index .
Half of the 18 categories Adobe tracks dropped in prices on an annual basis. On a monthly basis, online prices in January rose 1.7% following December, when strong holiday discounts lingered past Cyber Monday.
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