The team at LLC Attorney gathered information on economic predictions to determine what products consumers will spend the most on in the next five years. With inflation on the rise, many of these products will come as no surprise. These are the top 10 industries expected to see the biggest spending increases:
- Food
- Tobacco
- Household Essentials
- Online Education
- Beverages
- Luxury Goods
- Fashion
- E-Services
- OTC Pharmaceuticals
- Furniture
From there, the team got even more specific and listed these ten products as the ones that will see the greatest price hikes:
- Fish and Seafood
- Oils and Fats
- Sauces and Spices
- Bread and Cereal Products
- Confectionery and Snacks
- Meat
- Dairy Products and Eggs
- Fruits and Nuts
- Vegetables
Grocery inflation has been a major problem, and unfortunately, it’s not expected to decrease. When food is a necessity, it’s no surprise that consumers are willing to pay the price.
infographic by: www.llcattorney.com
