Spooky prices ๐Ÿ’ธ๐Ÿ‘ป

swine o'clock Nov 04, 2022

While inflation remained high last month, private-sector wage growth slowed down during Q3. That means Halloween is over, but a scary recession may be lurking around the corner – and consumers are already adjusting their spending habits at the meat counters

 

  • Whether we’re really in a recession is much less important than the need to keep an eye on consumer behaviors. The inflation, fueled by supply chain issues and excessive government spending, is playing a role in the prices that are making people so jumpy

 

Meat protein is one of several categories that serve as evidence that consumers are tightening their belt while making buying decisions.