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November 28, 2023

Home Depot says the worst of inflation is over — that could be good news for retailers and shoppers

The claim from Home Depot that the worst of inflation is over could be good news for retailers and shoppers. If Home Depot is correct, it could mean that prices of staple products will stay stable or even decline in the near future. This could lead to more affordable prices and better value for consumers. Retailers could also benefit from reduced costs of their products and services, allowing them to keep prices low while still turning a profit. This could also help support economic growth, as it could boost consumer confidence and encourage more spending and investment.