Amazon refutes report that it raised prices of popular items since Trump took office

Core Insights - Amazon's low-cost essentials have seen an average price increase of 5% since President Trump's inauguration, as reported by The Wall Street Journal [1] - Amazon refuted the WSJ's findings, claiming that the analysis was flawed and that price changes were due to promotions ending rather than inflation or tariffs [2] - The company highlighted that its pricing is dynamic, which can lead to fluctuations, indicating sensitivity to the topic and potential concerns about government retaliation [3] Pricing Analysis - The WSJ analyzed 2,500 common items on Amazon, including cough drops and antibacterial wipes, to determine price changes [1] - Amazon argued that the WSJ's data was cherry-picked and did not account for sales promotions affecting initial pricing [2] - The U.S. Bureau of Labor Statistics reported a 0.3% increase in consumer prices for June, with a year-over-year increase of 2.7%, suggesting broader inflationary trends [4]