Key Points

  • As shoppers await price cuts, retailers like Home Depot say their prices have stabilized and some national consumer brands have paused price increases or announced more modest ones.
  • Yet some industry watchers predict deflation for food at home later this year.
  • Falling prices could bring new challenges for retailers, such as pressure to drive more volume or look for ways to cover fixed costs, such as higher employee wages.
  • HappycamperNZ@lemmy.world
    link
    fedilink
    arrow-up
    4
    arrow-down
    18
    ·
    7 months ago

    Uh, it is?

    Even massive companies like coke don’t control the entire economy and the respective levers we use to control inflation. A bottle of coke going up doesn’t cause inflation especially in our global economy.

    About the only thing outside of government that’s big enough is OPEC, and we know they don’t have to do shit about anyone else.

    • Bonehead@kbin.social
      link
      fedilink
      arrow-up
      15
      arrow-down
      2
      ·
      7 months ago

      Yeah, don’t give me that bullshit. That’s the same excuse Galen Weston used only a few years after they were found guilty of price fixing bread. Inflation is just an excuse.