Home Depot sees shocking inflation

The coronavirus pandemic driven boom for new homes and the aggressive remodeling of existing ones by homeowners during quarantine continues to put serious upward pressure on prices for everything from plywood to copper pipes at the major home improvement retailers. 

“Similar to what we reported in our previous three quarters, the growth in our comp average ticket was driven by elevated project demand, customers trading up to new and innovative products and continued inflation in many product…


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