10 companies have said they'll pass along rising costs to customers | Eastern NC Now

Biden's hidden tax?

ENCNow

"Some, including the Federal Reserve, argue that rising costs are only "transitory" - a result of supply and demand imbalances brought about by the pandemic and rapid reopening.

Others, including Cambridge's Mohamed El-Erian, claim that inflation could be here to stay and question the Fed's insistence on maintaining ultra-accommodative policies as the pandemic winds to an end.

Whatever side of the argument investors land on, one thing is clear, dozens of companies are raising prices due to the increasing costs of basic commodities.

From Coca-Cola to Campbell Soup, the majority of these price increases have come from consumer staples companies that are most affected by commodity costs.

Whether or not current price increases will remain over the long-term is clearly up for debate, but for the everyday consumer, the reality is life is now more expensive than it was last year."

List of 10 companies that have already said they are passing rising costs onto consumers due to inflation in Article.

Just like a temporary tax, they never go back.  If the govt says temporary, look out it will be anything but.  

And wait until the companies that sell the products add their increase from all the new taxes.  How is it that song go, you ain't seen nothing yet.  


Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published )
Enter Your Comment ( text only please )




Plants that can kill your pet Rant & Rave, Editorials, Beaufort Observer, Op-Ed & Politics Pentagon announces $150 million in defense aid to Ukraine for bolstering borders with Russia


HbAD0

Latest Op-Ed & Politics

A poem from Diane Rufino, Originally entitled, My Name is Old Glory by Howard Schnauber
It was a clear beautiful, royal blue sky day on Wall Street. The S & P futures were up markedly, awaiting a positive open, as I turn to get my first cup of coffee. I return to CNBC to get the morning business news, when I notice that the S & P futures are falling, and they're falling fast.

HbAD1

they should look to traditional conservatives elsewhere who work with populist right
Understanding candidates and where they stand on issues is of utmost importance in the coming elections.
woke company sees it stock tank

HbAD2

illegal alien "asylum seeker" migrants are a crime wave on both sides of the Atlantic

HbAD3

 
 
Back to Top