Higher Costs Strain Suppliers, Retailers — Wall Street Journal

Suppliers and retailers alike are struggling with higher costs as thrifty consumers continue to demand low prices:

“Businesses are facing higher costs for everything from fuel and freight hauling to steel to accounting services. Input price increases have outstripped consumer price increases since late 2016, with some pipeline costs rising at two or three times the rate of consumer inflation, according to Labor Department data released on Wednesday.”

P.S. Everyone needs to do their part to control costs. Our Pricing Management course can help you master the art of making a profit while meeting Walmart’s standards.

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