July Fetch Price Index Report Finds Efforts to Curb Inflation are Failing

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MADISON, Wis., Aug. 9, 2022 /PRNewswire/ -- Fetch Rewards, America's No. 1 consumer-rewards app, today released the July Fetch Price Index (FPI) report. The July FPI found consumer demand is continuing to plummet, down 6% year over year. While prices remain high, and are still rising in certain markets, consumers are unable to sustain increased spending levels. Additionally, shoppers are increasingly more intentional in their purchase decisions, focusing on essentials.