Imports on the rise as retailers try to beat inflation —

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“Record amounts” of goods are coming into the United States as merchants seek to stock shelves and outrace rising prices:

Retailers are importing record amounts of merchandise to meet consumer demand, but they also have an incentive to stock up before inflation can drive costs higher,”’ said Jonathan Gold, VP for Supply Chain and Customs Policy with the NRF. ‘Whether it’s freight costs or the wholesale cost of merchandise, money retailers save is money that can be used to hold down prices for their customers during a time of inflation.

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