When “add to cart” actually costs you less
Marketplace
Marketplace
4.6 • 8.5K Ratings
🗓️ 10 April 2023
⏱️ 28 minutes
🧾️ Download transcript
Summary
There’s some welcome news on the inflation front: Prices for online goods are falling, according to Adobe Analytics. While it’s a bit of relief for consumers, higher prices for things like services may be here to stay. Plus, how algorithms are used to pay ride-hailing drivers less, what an immigration uptick means for the labor market and a look at how COVID-19 transformed business in downtown Boston.
Transcript
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| 0:00.0 | We're gonna hit all the biggies today in Flation and Jobs and Energy and Wages. |
| 0:08.8 | More fun than it sounds, I promise, from American public media. |
| 0:13.6 | This is Market Flags. |
| 0:23.9 | In Los Angeles, I'm Kai, Rizdole. |
| 0:25.8 | What is Monday today, the 10th day of April, it is always to have you along. |
| 0:30.5 | Everybody, you know, one of the things we try to do on this program is to improve your |
| 0:34.6 | economic situational awareness. |
| 0:36.8 | Let you know what's happening and why it matters. |
| 0:39.8 | So we direct your attention on this Monday to Wednesday. |
| 0:44.7 | 830 AM in the nation's capital. |
| 0:47.5 | Wents will come the March installment of the Consumer Price Index, which might more |
| 0:52.4 | properly be described as the all-important consumer price index inflation being what |
| 0:57.9 | it still is in this economy. |
| 1:00.8 | No guesses shall be made here, but we do already have a preview of prices in one very particular |
| 1:07.2 | slice of this economy. |
| 1:10.0 | Online shopping. |
| 1:11.0 | Those prices are actually down. |
| 1:13.6 | That's according to data from Adobe Analytics. |
| 1:15.8 | And to be clear, it's not that the rate of increases in prices is slowing down, but online |
| 1:21.2 | prices are actually down 1.7% year on year. |
| 1:26.6 | Marketplace is subredditure, as he so often does gets us going. |
| 1:30.8 | 10 out of 18 online categories that Adobe looked at saw prices fall year over year, and they've |
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