Would you finance groceries amid inflation?

Would you finance groceries amid inflation?

Yahoo Finance published this video item, entitled “Would you finance groceries amid inflation?” – below is their description.

Amid inflation, consumers are using pay-later services like Klarna, Zilch, Affirm and Zip to purchase groceries and other essentials. In 2021, nearly $45.9 billion pay-later transactions were made in the U.S.

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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