Online Retail Gets More Expensive, Weak Discounts for Holidays: Adobe Survey

Online Retail Gets More Expensive, Weak Discounts for Holidays: Adobe Survey
Shoppers clog the aisles at Macy's Department store in New York City on Black Friday, Nov. 28, 2003. Stephen Chernin/Getty Images
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E-commerce has gotten more expensive due to the inflationary environment, according to a recent report from Adobe, a significant warning ahead of the holiday season when retailers normally push big-discount deals.

Online prices rose 1.9 percent in October from a year earlier and 0.9 percent from the previous month, based on data from Adobe Inc. The latest numbers mark the 17th straight month of price increases after six years of declines in the Adobe Digital Price Index.

Naveen Athrappully
Naveen Athrappully
Author
Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
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