Companies Raise Prices Readily Amid Inflation, Passing Costs to Consumers
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Companies are raising prices more readily during inflation, passing on costs to consumers.
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Corporations used to be reluctant to raise prices for fear of losing customers, but are less worried now.
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Central bankers say corporations are passing on more costs to consumers beyond just covering increased expenses.
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There are signs consumers may be reaching a breaking point on price hikes in places like the UK.
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After benefiting hugely, corporate profit growth is starting to ease back toward normal levels.