Wal-Mart CEO: Expect Serious Inflation

Wal-Mart CEO: Expect Serious Inflation
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"Except for fuel costs, U.S. consumers haven't seen much in the way of inflation for almost a decade, so a broad-based increase in prices will be unprecedented in recent memory."

Dan Gould
  • 31 march 2011

USA Today:

Along with steep increases in raw material costs, John Long, a retail strategist at Kurt Salmon, says labor costs in China and fuel costs for transportation are weighing heavily on retailers. He predicts prices will start increasing at all retailers in June.

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