Amazon Prime Day Shows Just How Hard Inflation Is Hitting Americans | Barron's

2022-07-15 22:14:02 By : Ms. Swallow Zhang

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https://www.barrons.com/articles/amazon-prime-day-inflation-hitting-americans-51657895277

Amazon.com’s Prime Day event has officially ended. The top items sold during the sales event show that consumers are in desperate need of a bargain while inflation continues to burn red hot.

Prime Day ran from July 12 to July 13 this year, and Amazon Prime subscribers were able to save on a variety of items on the e-commerce platform, from Fire Sticks to groceries. Amazon (ticker: AMZN) released a statement after the savings event on Thursday, calling this year “the biggest Prime Day event ever,” and noting that Amazon Prime members worldwide saved over $1.7 billion and Amazon Devices sold more units than during any previous Prime Day event.

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