Prices set to rise as retailers battle high costs and fear of closure

https://lemmy.nz/post/280200

Prices set to rise as retailers battle high costs and fear of closure - Lemmy NZ

>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!

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).

Pretty sure it’s the latter