Prices across Amazon rise higher than inflation, Reuters says

Prices from hundreds of products across Amazon, the largest digital market in the world, have risen much higher than natural inflation ahead of tariffs' aftermath, according to an analysis from Reuters.

An Amazon all-electric delivery vehicle.

The Reuters/DataWeave analysis showed that the median price of over 1,400 products (combined) made in China and sold/distributed on Amazon went up 2.6% between the months of January and June (middle). This rate is higher than the inflation rate reported by CPI and other data points regarding price increases for core goods, for now running up-to-date information from May.

Reuters stated that this data is a "sign that tariffs are starting to hit American consumers" as U.S. President Donald Trump's "Liberation Day" tariffs are starting to filter through to consumers, despite previous reassurances that the inflationary impact of these tariffs would be too little to be realized, as what many investors thought following May's exceptional CPI report.

Yahoo Finance noted that although the prices of some goods actually declined, the general trend is upward in price.

With a significant share of goods from Amazon originating from China, this news is particularly detrimental for the many millions of consumers who rely on Amazon daily for acquiring affordable, high-quality products from all kinds of niches.

These higher prices, rising higher than wages and even the already rising inflation, could prevent hundreds of thousands of Americans from having access to Amazon products.

An individual purchasing from Amazon.

As of May 12th, tariff rates have exceeding 17.8% on average across all kinds of customs duties from goods imports, according to the Bureau of Economic Analysis.

Karthik Bettadapura, co‑founder and CEO of DataWeave, stated in response to this report, "Even modest duties can translate quickly when margins are thin and replenishment cycles are fast. What we're seeing in June is the first broad‑based price step‑up, as sellers begin adjusting to higher landed costs."

Amazon CEO Andy Jassy stated in April that his company will try its best to keep prices low, with that promise now being unfeasible. He said that his company is, "doing everything we can to try and keep prices…as low as possible." However, pressures from third-party sellers, many of which obtain their products from China, is too immense for now to prevent price hikes.

Amazon stock has fallen early Monday morning, with it falling by 0.9% as of 10:20 AM EST.