Grocery Shoppers Cut Back, Trade Down as Inflation Rises
As consumers look to mitigate the effects of skyrocketing food inflation on their bank accounts, how they shop for groceries is changing. Research from the latest edition of PYMNTS’ Consumer Inflation Sentiment study “Consumer Inflation Sentiment: Inflation Slowly Ebbs, But Consumer Outlook Remains Gloomy,” which draws from an August survey of 2,169 consumers, finds that 62% plan […]