| From Economist.com: Well before the recession, retailers and manufacturers already fretted that they were losing their “pricing power”. That did not matter much in good times, when margins rose even when prices fell, thanks to the rapid increase of manufacturing in low-cost countries such as China.
But now the surge in commodity prices—The Economist’s commodity-price index has risen by 49% in the past year—is forcing desperate manufacturers to find out whether they have any pricing power left...............................................Full Article: Source |