Originally Posted by
Icarus2001
Prices are higher, yes indeed, but even 7% means that the $100 basket of groceries last year now costs $107.
Supermarket prices would be at least 20% higher vs 2019. I have the receipts kept in the app that proves that. Some items are 30-40% higher. Recent market results from major retailers indicate some potential margin gouging underway, same behaviour seen from one major airline group.
Commercial teams in many industries have become comfortable with the current margin level, unless revenue starts to fall away, don’t expect that to change in a hurry.