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Consumer goods prices are unlikely to rise across the board

 Last Update: 2022-02-20
 Source: Internet
 Author: User

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At the beginning of the new year, many brands issued price adjustment notices, involving condiments, frozen foods, snacks, liquor and many other consumer goods

Judging from the price adjustment announcements issued by some listed companies recently, the main features are as follows: First, consumer goods are the mainstay

The increase in product prices of some companies is mainly driven by three factors: the increase in production costs, the recovery of domestic demand and the strong bargaining power of the market

The price adjustment of some enterprises reflects to a certain extent that the cost pressure of some upstream production inputs in China is being transmitted to the prices of final consumer goods

Since the global epidemic has not yet been completely controlled, supply chain repair and shipping logistics need a process, and it will take some time for some raw material prices to return to normal.

First, the domestic supply of consumer goods is abundant

Second, the domestic bailout policy is precise and effective

Thirdly, from the trend, the factors supporting the continuous rise of commodity prices in this round are gradually weakening

In addition, product price adjustment is also related to the company's own bargaining power and market competitiveness

(The author is Zhou Maohua, Macro Researcher of the Financial Market Department of China Everbright Bank)

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