How Much More Will Your Oreos Cost? Companies Test Price Increases

American companies are starting to test the extent of their pricing power., helping fuel inflation like the U.S. hasn’t seen in more than a decade.even more. Others are more cautious, unsure if U.S. consumers have the appetite to absorb additional increases.

What companies decide will go a long way to answering a question that has surged to the top of executives’ and economists’ agendas this year: Istransitory, as the Federal Reserve predicts, or persistent, as some executives warn? Fastenal Co. , a major distributor of industrial supplies such as nuts and bolts, and Conagra Brands Inc., a food conglomerate, illustrate the pricing dance playing out across the biggest U.S. firms. Both companies are passing along higher costs to customers. They have different views about what happens next.

Eventually people will cut their budgets on high priced goods and it will level off.

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Maybe they should reduce executive pay instead?

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This inflation isn’t transitory. But keep track of everyone who tells you it is so you know who the liars are in the days to come.

good luck

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We the People.

With its cheap products made by slaves, “Communist” China is in control of inflation worldwide. With its dumping, China will soon steal our jobs and force us into slavery. If China does not reinvent communism soon, we will all wish to die quickly into the hands of some viruses.

Companies are passing the cost to consumers even though their net profit margins remain relatively healthy. And stock price continues to rise. 🤷‍♀️

I stopped buying things that have been ridiculously priced. Most of these companies did not close during the pandemic

Just how do we 'push back'? Starve?

Boy, she doesn't plan on cooking for a while..........................

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The sheep never push back.

Well it’s beyond time to push back!!

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Companies Push Prices Higher, Fueling Inflation. Will They Keep Going?Faced with higher costs for materials, transportation and workers, U.S. companies are charging more for products from groceries to industrial goods. A test will come later this year when consumers will have to choose whether or not to absorb additional price increases. Pushback? What kind of pushback would make a difference? This sounds like a new interpretation of 'blame the victim'. 'We increased the cost of food, people aren't buying less food, so they're still fine with absorbing even higher costs'... Could it be, that people need some of these things and don't really have other options for sources? YEP thanks for the reminder: Push back starts today.
Source: WSJ - 🏆 98. / 63 Read more »