Inflationary pressures are releasing in a few categories, as consumers stock up for the holidays, according to Walmart CEO Doug McMillon.
Clothing, toys, and sporting goods are all lowering in price, McMillon told CNBC.
“In toys, sporting goods, apparel, and categories like that, prices have come down more aggressively,” McMillon said in the interview. “We’re still inflated but we’re not inflated nearly as much as we are in (other) categories.”
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