Consumers are dealing with renewed inflation, and inventory gluts may be to blame

Customer RelationsInflationMoney MattersHigh Tech / High Touch
Written By Jennifer Joslyn

🛍️ Consumers are dealing with renewed inflation, and inventory gluts may be to blame.

When there is an inventory glut, it means that there is more supply of a particular product than demand for it. This can lead to a decrease in prices as suppliers try to clear out excess inventory. However, if the glut persists, it can have other effects, including production cuts, reduced competition, and cost of storage. While inventory gluts can contribute to inflation in these ways, there are many other factors that can also influence inflation. Some of these factors include supply chain disruptions, rising commodity prices, increased demand, and monetary policy.

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Jennifer Joslyn
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