Online prices just saw their biggest drop in three years, according to new data.

<div class="block">Online prices just saw their biggest drop in three years, according to new data.</div>

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Online Prices Have Largest Drop in Three Years

Online prices just saw their biggest drop in three years according to new data from Adobe Analytics, which found that e commerce prices fell 3.2% in August year over year with big drops in the prices of computers and electronics. Month to month prices increased 4/10 of a percent which Adobe credited to discounts offered during Amazon prime day. Meanwhile, grocery prices were still 5% higher than 2022 but prices fell month to month for the first time in over two years. Of course, we will get more inflation data when August's consumer price index is released tomorrow, that's the Federal Reserve's preferred measure of inflation.