Amazon product prices grew at a slower pace than US inflation

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Here's a strong signal that America's inflation woes may be ending. Amazon economists expect the price of the company's products will rise slowly next year and start to fall in 2024.

than the US inflation rate this year, an internal document obtained by Insider showed.

"When faced with an uncertain economy or some kind of discontinuous event, customers tend to double-down on companies that they believe have the best customer experience and that take care of them the best. And that is where our efforts remain focused," Olsavsky said.

 

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