Update Shows U.S. Ad Deflation Bottoming Out, Pricing Poised To Rebound In ’24 (mediapost.com)

Just as U.S. consumer price inflation appears to be flattening out following a period of protracted increases, media price inflation paid by advertisers has moved in the opposite direction, according to a new quarterly update from ECI Media Management.

The U.S. data estimates ad-supported media prices in the U.S. dropped sharply throughout 2023 — from +6.6% in the first quarter to -5.1% in the second quarter.

The analysis attributes U.S. ad-price deflation mainly to the impact of the Hollywood strikes, which have been settled, but won’t impact the ad marketplace until the first quarter of 2024.
more at: https://www.mediapost.com/publications/article/391855/update-shows-us-ad-deflation-bottoming-out-pric.html

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