Due to inflation, several retailers are already dealing with higher cost of goods and services (COGS) – and dealing with the supply chain crisis. They just finished reporting Q3 earnings; 141 retailers have already discussed inflation worries, and 192 have mentioned the supply issues during their earnings calls. Consumers’ short-term inflation expectations rose again, with the median cost of living increase for next year pushing up from 5.7% to 6.0%. This increase is twice the pace of expectations for income growth, which slid to 2.8% from 3.0%, according to the New York Federal Reserve. As a result, the latest Ipsos