peteblue
Welcome back Wayne
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Indeed, but people will still pay for luxury items whatever the price, for the more value priced items a small % increase is neither here nor there.
You know full well Pete that increased costs and therefore increased retail prices drive down consumer demand if products are deemed to be luxury/non-essential.
It’s not as simple as everybody put your prices up and we’ll all be hunky dory.
Indeed, but people will still pay for luxury items whatever the price, for the more value priced items a small % increase is neither here nor there.