Today in Data: As Inflation Rises, Subscriptions Drop

Data: As Inflation Rises, Subscriptions Drop

Today in data, inflation has consumers reconsidering the cost of expenditures, such as subscriptions.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Data

    750M: Loss in dollars posted by Peloton this week after the pace of its new subscriber growth fell by 50%

    1.2M: Number of subscription plans reported by GoodRX in the first quarter of 2022, a 29% year-over-year increase

    22: Percentage of nonsubscribers in March who cited cost as the reason for not subscribing to a service

    2: Percentage of nonsubscribers who fell into that same category in October