Home Depot says the worst of inflation is over — that could be good news for retailers and shoppers
The Home Depot’s comments that the worst of inflation is over could be good news for both retailers and shoppers. For retailers, it means they won’t have to raise prices to offset the effects of inflation, resulting in lower costs for consumers. This could lead to increased consumer spending and benefit retailers in the form of higher profits. For shoppers, it means they will be able to purchase the same items at the same prices, which can help them save money in the long term by avoiding higher prices due to inflation.