3Q PNG Recap Blog

3Q PNG Recap Blog

wed12octAll Day3Q PNG Recap Blog

Event Details

Inflation continues to rock the retail industry (CPG inflation hovering over 10%), with fresh meat prices finally coming down a bit vs. earlier in the year, while other categories like pet care, dairy, and frozen hover at peak levels. Consumer confidence remains down vs. last year, but finally ticked above 100 in August for the first time in over 4 months, suggesting consumer willingness to spend money. Unemployment is historically low, and most retailers and consumer goods companies are cautiously optimistic on holiday spending.

The CMA and SIMA strive to stay on top of these trends and specifically how they impact the category management and shopper insights functions. One of the ways we do this is through our quarterly private networking groups (PNGs) made up of suppliers and retailers to discuss industry pain points and best practices.

Time

All Day (Wednesday)(GMT-05:00)

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