Ekin Kizilkaya/Getty Images
Summary.
When costs rise, companies often raise prices to preserve margins—but that approach can drive away customers and reduce total profits. Pricing expert Rafi Mohammed
The U.S. consumer price index (CPI) jumped 3.7% in September year over year, an acceleration from the prior three months and a sign that inflation remains a concern for policymakers, consumers, and companies.
Read more on Pricing strategy or related topics Inflation, Economics and Marketing
