Key Points
- As shoppers await price cuts, retailers like Home Depot say their prices have stabilized and some national consumer brands have paused price increases or announced more modest ones.
- Yet some industry watchers predict deflation for food at home later this year.
- Falling prices could bring new challenges for retailers, such as pressure to drive more volume or look for ways to cover fixed costs, such as higher employee wages.
I was actually thinking the other day I don’t actually like McDonald’s food, except the milkshakes, I just go there all the time.
I would genuinely rather just go to pizza hut, it’s basically the same price these days and at least you get more food for your money.