Raging Inflation In Retail

This post by Wolf Richter is replete with charts:


Food and Beverage Stores: Sales rose 1.0% for the month, seasonally adjusted, to $79 billion, and jumped by 8.4% year-over-year, powered by price increases:

Food services and drinking places: Sales jumped by 1.0% for the month seasonally adjusted, to a record $75 billion, and by 19.4% year-over-year. This is over two-and-half times the rate of CPI inflation for food away from home (6.9%):

General merchandise stores: Sales spiked 6.6% for the month to a record $62 billion, seasonally adjusted, and were up 4.8% from Stimulus Miracle March 2021. Walmart and Costco are in this category, but not department stores.

Gas stations, oh my, no surprises here: Sales spiked by 8.9% for the month, to a record $64 billion, seasonally adjusted, and by 37% year-over-year, driven entirely by the spike in gasoline prices.