Inflation and the price of food and household products has crowded out spending: Analyst

Yahoo Finance published this video item, entitled “Inflation and the price of food and household products has crowded out spending: Analyst” – below is their description.

#inflation #retail #yahoofinance

UBS U.S. Food Retail Analyst Michael Lasser joins Yahoo Finance Live anchors Dave Briggs and Seana Smith to discuss what to expect from retail earnings reports this week, how retailers are dealing with excess inventory, and the impact of a potential recession.

Yahoo Finance YouTube Channel

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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