When Inflation Bites, Value Fights
Mereo
JANUARY 26, 2022
On January 12, the Labor Department announced that the Consumer Price Index rose by 7% in 2021 — the steepest increase since 1982! in December 2021 from the year-ago period. One major hardlines wholesaler had raised retail prices on over 42,000 items through June of 2021, and the pace has only accelerated from there.
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