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Published: Dec 09, 2021 3 min read
Close up of a digital screen showing a cursor arrow clicking on a shopping cart icon being lifted by balloons due to inflation.

As Christmas shopping kicked into high gear last month, online prices rose at a record pace. And with a quarter of all holiday spending to be set to be conducted online this year, last-minute shoppers can expect to feel the crunch too.

Online prices for clothes, appliances and other goods purchased in November rose 3.5% compared to last year, according to Adobe’s Digital Price Index, which tracks more than 100 million products for sale online in the U.S. That’s the highest jump since Adobe first started collecting the data in 2014, and the 18th consecutive month of online price growth.