Retailers see excess inventory amid high inflation

Yahoo Finance published this video item, entitled “Retailers see excess inventory amid high inflation” – below is their description.

#Retail #Inflation #recession #YahooFinance

Yahoo Finance’s Rick Newman breaks down how retailers are approaching pricing when dealing with excess inventories and high inflation costs and how consumers are responding to recession worries and volatile markets.

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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