Grocery stores are excited to charge you higher prices

CNN Business

You might not be excited about paying higher prices for meat and vegetables, but your grocery store is thrilled.

If prices on an item rise above 4%, customers may skip buying it, hurting grocers’ sales, said Joseph Feldman, an analyst at Telsey Advisory Group. Consumers may also trade down to cheaper brands or buy smaller pack sizes if inflation runs too hot, both analysts and grocers noted.

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