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Fight Inflation: Buy These 10 Items Now Before Prices Go Up – GOBankingRates

Money / Financial Planning


Money / Financial Planning

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As the U.S. continues to navigate through the pandemic, costs of goods across the spectrum are rising, putting an extra strain on consumer’s wallets. In 2021, we saw the prices of everything soar — from bacon and eggs to used cars and rental vehicles. The root cause of the inflation points back to the major global stressor we’re still battling: COVID-19.

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“The world went into a deep freeze where demand fell off a cliff for the first half of 2020 due to uncertainty and fears, then the panic buy of essentials and rise of eCommerce and contactless delivery drove unforeseen demand surge that has continued,” said Shri Hariharan, corporate vice president, Blue Yonder, a supply chain management provider. 

“Then came the release of pent-up demand, where savings from discretionary spending  and the stimulus checks/tax breaks drove consumers into alternate areas of spending (over holidays, vacations, travel, outside entertainment). We saw massive increase of in-home consumption, spending on home improvement,  wellness, apparel and automobiles.” 

Hariharan explained that when manufacturing, distribution and shipping lanes were jammed, the global supply chains were unable to recover. “That remains a challenge,” Hariharan said. 

Inflation isn’t looking like it will die down anytime soon either, and the surge in pricing will likely extend to other categories and products. So, act now to save on these items before inflation hits them, too.

Coca-Cola, PepsiCo and Mondelez Products

“Coca-Cola and PepsiCo have announced general price increases due to continuing supply-chain issues as well as staffing problems,” said Julie Ramhold, consumer analyst with “Mondelez products will also see a price increase of 7% to start at the beginning of the year, so it’s best to stock up on things like Oreos and Sour Patch kids now before prices (potentially) get even higher.”

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“Clothing prices are expected to climb by around an average 3%, but some companies are forecasting price increases of 10% or more,” Ramhold said. “If there are clothing items you need right now, especially if they’re staples and not necessarily related to any one particular season, you might want to go ahead and pick them up before prices go up.”


“We’re already seeing problems with less inventory due to the global chip shortage, which means the scarcity will force prices higher, or at the very least, prevent discounts,” Ramhold said. “If you can get …….


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