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Coresight Bites: US Consumer Tracker—More Shoppers Cut Grocery Purchases Amid High Inflation Awareness

Coresight Bites provide free snapshots of Coresight Research data and findings.

This graphic presents selected insights from our March 6, 2023, survey of US consumers.

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  • Every four weeks, we ask consumers if they had noticed price increases in retail recently. For a second consecutive month, consumers reported record-high inflation awareness.
  • In grocery, all strategies to combat inflation that involve trading down saw increases in adoption, while the proportion of consumers buying fewer products in both food and nonfood bounced back after sliding last month.

Click the image below to read the full US Consumer Tracker report, which provides further analysis of US consumers’ behaviors and sentiment.