Retail Pharmacy Sales Trends Show Much Higher Price Increases Than the CPI Indicates

Retail Pharmacy Sales Trends Show Much Higher Price Increases Than the CPI Indicates
A Walgreens store in Bradenton, Fla., on Feb. 9, 2024. AP Photo/Gene J. Puskar
Michael Wilkerson
Updated:
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Commentary

Walgreens Boots Alliance, the publicly listed “integrated healthcare, pharmacy and retail” company that owns the Walgreens retail chain, just announced its annual and fourth quarter financial results. The details provide a further clue as to just how disconnected the consumer price index (CPI) statistics of the Bureau of Labor Statistics (BLS) appear from the real-world inflation ravaging American households.

Michael Wilkerson
Michael Wilkerson
Author
Michael Wilkerson is a strategic adviser, investor, and author. He's the founder of Stormwall Advisors and Stormwall.com. His latest book is “Why America Matters: The Case for a New Exceptionalism” (2022).
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