Home Depot says the worst of inflation is over — that could be good news for retailers and shoppers
The news from Home Depot that the worst of inflation is over could be good news for both retailers and shoppers. For retailers, it could mean increased sales as demand for goods increases in the face of lower prices. For shoppers, it could mean the ability to purchase more goods than before, as inflationary pressures on prices dissipate. This could also mean lower prices for everyday items, providing shoppers with more purchasing power. Lastly, if inflation in wages rises as prices fall, then workers’ incomes may also benefit from the inflationary break.