Corporate America may be bumping up against the limit of its power to keep raising prices as consumers in some markets cry uncle.

“Even though we’re pushing through pricing, the consumer is tolerating it well,” he said in October analyst call.

normal way to talk about ‘fellow’ human beings

  • 31337
    3·
    10 months ago

    I’ve heard food prices are up because of the Russian war raising the price of fertilizer (depends heavily on natural gas) and animal feed (Ukraine was one of the world’s largest suppliers). McDonald’s profits are up 17% year-over-year though, so they’re definitely raising prices faster than their costs are increasing.