The impact of inflation on retail

Retail Gets Real episode 259: NRF’s head of research describes what’s driving up prices and where we go from here

You don’t have to be an economist to notice that the country is experiencing inflation. In January, the inflation rate rose to 7.5 percent, and prices of everything from gas to everyday goods are increasing.

On this week’s episode of NRF’s Retail Gets Real podcast, we sit down with NRF Vice President of Research Development and Industry Analysis Mark Mathews to examine the reasons why the United States is experiencing inflation, what’s driving up prices, how it impacts consumer behavior and how long we can expect it to last.

Listen to the full episode to hear Mathews discuss:

  • What is inflation?
  • What is driving up prices of goods and services?
  • Is it all supply and demand?
  • What can the government do to ease inflation?
  • How do labor and wage increases impact inflation?
  • How do consumers react to inflation?
  • How long does he expect inflation to continue?

Related content

State of Retail and the Consumer 2022
 
Mother and daughter shopping
NRF’s State of Retail and the Consumer virtual event on March 15 explored the health of the American consumer.
Read more
How David’s Bridal is using TikTok to rewrite the rules of formal fashion
 
David's Bridal
Retail Gets Real Episode 290: David Bridal’s Chief Marketing and IT Officer on leveraging social media.
Read more
How Lovesac continues growth after a pandemic boom
 
Family jumps on a Lovesac sofa
Retail Gets Real episode 289: Lovesac founder and CEO Shawn Nelson on building a sustainable business.
Read more