Jin10 data reported on October 10, analysts Brian Nagel and Andrew Chasanoff cited Oppenheimer's analysis of 200 products that could be affected by tariffs, stating that retailers have slowed the pace of price increases to offset tariffs. As of October 6, the prices of 65 of these products have risen by an average of 17% compared to April 28. This is consistent with early September readings, indicating that price increases may be slowing down. Analysts noted that companies are still focused on protecting profit margins, but in the short term, they may remain vigilant about potential consumer demand ahead of the holiday sales season, while also possibly waiting for the outcomes of potential legal challenges regarding tariff policies.
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Analyst: The price increase in the retail industry driven by tariffs is slowing down.
Jin10 data reported on October 10, analysts Brian Nagel and Andrew Chasanoff cited Oppenheimer's analysis of 200 products that could be affected by tariffs, stating that retailers have slowed the pace of price increases to offset tariffs. As of October 6, the prices of 65 of these products have risen by an average of 17% compared to April 28. This is consistent with early September readings, indicating that price increases may be slowing down. Analysts noted that companies are still focused on protecting profit margins, but in the short term, they may remain vigilant about potential consumer demand ahead of the holiday sales season, while also possibly waiting for the outcomes of potential legal challenges regarding tariff policies.