Daily Consumer 29 Inflation Is Shifting Demand To Staples The MSCI US IMI Consumer Staples Index gained 027% the past three months, lagging the 428% advance of the broad-based S&P 500 index Consumer staples are essential goods like food and it's been able to capitalize on inflation by raising prices and growing profits For example, in 2023 organic revenue jumped 95%, driving
Chart U S Inflation Hits Food Staples Hardest Statista If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit cards and auto loans The defensive consumer staples sector is the best performer in August of the 11 key S&P 500 sectors, followed by the fellow defensive real estate and health care sectors The Consumer Staples A well-timed exit can allow business owners to re-enter the market or invest in emerging sectors poised for growth as economic conditions stabilize This forward-looking approach can turn a Not all sectors react the same way to inflation Sectors like utilities and consumer staples tend to be more resilient because they provide essential goods and services that remain in demand
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