U.S. Online Retail Prices Rose a Record 3.5% in November – Bloomberg
U.S. online prices increased 3.5% in November from a year earlier, the biggest gain since software company Adobe Inc. started tracking the digital economy in 2014.
The surge, marking the 18th straight monthly increase, is another sign of how broad-based inflation has become in the country. E-commerce, once the land of discounts — especially during the holiday season, — has become a steady source of price hikes in the pandemic recovery.
