Aug 03
Inflation and Its Impact On Consumer Decisions
In 2022, we all are experiencing the emotional and physical results of inflation. Gas prices, electricity bills, home improvements, groceries, clothing prices, and even dog and cat food among many other products, have increased in what we as consumers normally pay. What suffers in our normal lives when we pay higher prices? Consumers spend less time spending frivolously, eating out, making purchases online for items the would like to have, and overall entertainment spending drops. Instead, they we start considering alternatives to our normal products they love to buy because of the lesser cost.
View Details- Inflation, Rising Costs, Competing Brands, Consumer Spend