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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Rising Costs From Tariffed Goods Push Retail Prices Higher In August

US Federal Reserve Walmart Inc Inflation WMT Christopher Horvers Best Buy Co Inc
Hdr,Image,,Walmart,Customers,Check,Out,Line,,Cashier,Counter,-

Retailers are navigating a fresh wave of pricing shifts as August inflation and new tariffs push up costs in categories like autoparts, furniture, and home improvement, signaling tighter conditions ahead for companies from Walmart Inc. (NYSE:WMT) to Best Buy Co. Inc. (NYSE:BBY).

JP Morgan analyst Christopher Horvers provided fresh insights into pricing trends across the broadlines and hardlines retail sector, highlighting the impact of August inflation on key categories.

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