A NIKE ALPHAFLY for 310€ or an ASICS GEL-NIMBUS for 200€, running shoes have never been so expensive. But why are the prices of these shoes exploding? Inflation contributes to price increases. Are running footwear brands cushioning price increases? No, everything falls on the sporty users of running shoes. [Pourquoi les prix des chaussures de running explosent ? - Dans la Tête d'un Coureur]
Transportation reduction slowed in January, according to supply chain data, while the monthly Logistics Managers' Index (LMI) survey shows a slowdown in price declines from December.
Footwear prices were up 4.6% in 2022, but there could be relief on the way for consumers. Prices continued to fall in December as inflation shows more signs of waning. Footwear retail price increases also slowed in December, and were up 0.8% compared to last December, the slowest growth in 21 months, FN reports.
Overall, inflation in the US cooled in December, Thursday's numbers show, with consumer price data falling. [Inflation Is Turning the Corner – WSJ]
Inflation across Europe may have peaked. Price rises in France, Germany, and Switzerland all unexpectedly slowed in December, driven in part by lower energy prices, while inflation in the eurozone is expected to drop below 10% when new figures are released on Friday. [German Inflation Slowed ... - French Inflation Unexpectedly Slows... - Swiss Inflation Slows… - bloomberg]
Oil and gas companies’ stock prices shot up this year despite otherwise miserable results for global equities. The energy sector as a whole saw share prices rise 60 percent in 2022, compared to a decline of more than 20 percent for the S&P 500 index overall, according to the Financial Times.
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