Prices will continue to rise in the next three months as almost 60% of retailers fail to meet sales targets and others fear closure within the year.

Surely raising prices will help them sell more!

  • @[email protected]
    link
    fedilink
    English
    11
    edit-2
    1 year ago

    You are 100% correct. The actual market response in this case is “prices set to FALL in respose to retail slump”.

    Our media is illiterate (or paid to print this crap).

  • @IntDimensionalTravel
    link
    English
    71 year ago

    What the fuck is going on here? It’s almost impossible to have a budget when doing groceries anymore.

  • @[email protected]
    link
    fedilink
    English
    71 year ago

    Let alone the bullshit credit card charges everyone is charging these days. Especially as The Retail Payment System Act 2022 is now in force capping the price retailers pay to 0.8%

    • kurikai
      link
      English
      81 year ago

      Not because of wage price rises. Its more because investors want to be paid more. The constant “businesses must make more profit year over year”