How Inflation Is Reshaping Consumer Spending Patterns

Extended inflation has fundamentally altered consumer behavior in ways that may persist even as prices stabilize. ## Spending Shifts Consumers are trading down in some categories while maintaining spending on experiences and wellness. ## Brand Loyalty Changes Private label products have gained market share as consumers prioritize value over brand names. ## Channel Shifts Discount retailers and warehouse clubs continue gaining share from traditional retailers. ## Long-term Implications Many inflation-driven behavioral changes may prove permanent, requiring businesses to adapt their strategies.