Walmart’s Price Rollbacks Suggest Inflation Is Moderating

Walmart indicates that it will accelerate price rollbacks as cost inflation eases, which is a clear signal that consumer price inflation is moderating, says David Silverman, senior director of Fitch Ratings. The retail giant’s robust 2Q results amid a choppy spending climate suggests some stabilization for its customer base, although that growth likely came more from share gains, Silverman says. Walmart’s price competitiveness has allowed it to pick up market share from competitors, though its omnichannel and supply chain enhancements are helping too, Silverman says.

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