Business
Inflation is pushing consumers to trade down and hunt for value
CRAYON summary
Business Insider reports that consumers are trading down and looking for value as inflation remains high. Citing a Bank of America Institute report, the outlet says consumers are still spending but are seeking value in some categories.
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Chronological.
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Inflation is pushing consumers to trade down and hunt for value
A Bank of America Institute report found that while consumers are still spending as inflation stays high, they are seeking value in some categories.
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