Record levels of discounting during Cyber Week promotions caused online prices to fall by the largest year-over-year drop in 31 months, according to the AdobeADBE +1.8% Digital Price Index.
The index, released today, shows that online prices fell 1.9%, on an annual basis, in November. Prices were down 3.2% compared to October.
November was the third consecutive month that online prices have decreased on an annual basis.
Source: Forbes