Costco reports inflation at zero, a significant drop from 6%+ just 9 months ago.
Very encouraging Costco update on inflation: basically at zero. Down across board. And the pace of decline is steep: Inflation at $COST was 6%+ only 9 months ago. $WMT $AMZN $TGT $KR $XLY $XLF $TLT pic.twitter.com/RP5QhItTSh
— Rahul Sharma (@Retail_Guru) December 15, 2023
Ah so now we're back from OMG inflation is going to kill us to OMG deflation is going to kill us. 🙄
— Rahul Sharma (@Retail_Guru) December 15, 2023