More price hikes on the way — USNews.com

Analysts believe that the cost of consumer goods will continue to rise, possibly triggering growth for private-label products:

“Consumer goods manufacturers – will continue to raise prices until they recover their profitability, said Bernstein analyst Bruno Monteyne.

‘The only thing that can stop this is…consumers starting to trade down to private-label products at a more rapid pace … (and) if commodities keep declining, then there may be no need for more price increases.‘”

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