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[quote=Anonymous]Walmart keeps grocery prices steady amid inflation, antitrust claims Dataweave analyzed prices of 589 products over 14-month period Walmart's avg. basket price rose 3% vs avg. inflation of 7.5% Walmart outpriced rivals on basket of food items where inflation was fiercest NEW YORK, May 5 (Reuters) - A new analysis of Walmart's pricing strategy reveals it has consistently kept grocery prices lower than competitors while generally hiking prices at rates far below U.S. inflation, even while the firm now faces allegations of using its clout to gain unfair advantages over rivals. Data analytics firm Dataweave compared the prices of 589 name-brand products in 34 categories, including coffee, soup, cereals, baking goods, batteries, personal care items and pet food exclusively for Reuters. The firm pulled and examined prices at both store and online properties of Walmart, Kroger, Target and Amazon, for the items every day to arrive at one average price for each month between January 2022 and the end of February 2023. During the period, while U.S. inflation averaged 7.5% Walmart kept prices steady, the Dataweave analysis shows. https://www.reuters.com/business/retail-consumer/walmart-keeps-grocery-prices-steady-amid-inflation-antitrust-claims-2023-05-05/ [/quote]
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