Omicron might temporarily slow inflation -oil by the barrel has dropped, but food and other consumables are not going down.
If you had been thinking of raising prices 10% just before Covid, but held steady through the virus shutdowns because people (Clients/customers) were hurting enough, when is the right time to hike prices?
Two lousy, unfortunate choices, but is it better to lead inflation or follow?
When to raise prices?
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Not enough info - if you're talking about luxury goods, go ahead, the 1% are not impacted - if you're selling $0.50 bags of sour mango on riverside, you can probably hold firm a bit longer.
What sector are you referring to - restaurant, property, education, etc?
What sector are you referring to - restaurant, property, education, etc?
Meum est propositum in taberna mori,
ut sint Guinness proxima morientis ori.
tunc cantabunt letius angelorum chori:
"Sit Deus propitius huic potatori."
ut sint Guinness proxima morientis ori.
tunc cantabunt letius angelorum chori:
"Sit Deus propitius huic potatori."
In Cambodia, western economic trends do not apply.
Markets increased prices during lockdowns because they wanted to make the same income off fewer customers. Go figure.
I think the general trend is do what you like, then react to the result months later.
Markets increased prices during lockdowns because they wanted to make the same income off fewer customers. Go figure.
I think the general trend is do what you like, then react to the result months later.
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