Media Alert: Adobe Digital Price Index: Online Inflation Remains Elevated in January at 2.7%

Feb 10, 2022

Adobe (Nasdaq:ADBE) today announced the latest online inflation data from the Adobe Digital Price Index (DPI). In January 2022, online prices increased 2.7%year-over-year (YoY) and 1.1% month-over-month (MoM). This marks the 20^th consecutive month of YoY online inflation. December 2021 price increases (up 3.1% YoY) contributed to a record high holiday season, during which online prices in November 2021 increased 3.5% YoY. In January, groceries were a standout category, with prices seeing their highest annual increase at 5.8% YoY (up 1.2% MoM), marking two years of online inflation for the category. Medical equipment/supplies continue to see strong YoY increases with 8.2% (-0.1% MoM), a record high YoY that coincides with a COVID-19 Omicron variant surge. Prices for electronics continue to drop (-3.4% YoY).

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