Tuesday, September 1, 2020

7 Things That Are About to Get More Expensive

Get ready to shell out even more for some of your go-to items, thanks to the global pandemic and a raging trade war. Anton Petrus/Getty Images

By Joe McKinley, Readers Digest

The trade war and the coronavirus pandemic have created a two-pronged attack on your finances and the prices of many consumer goods. “Many companies will reduce discount prices or eliminate specific promotions to increase revenue,” says Yaniv Masjedi, CMO at Nextiva, a business support site. “Typically, removing promotions and discounts would reduce sales volume. However, the current situation is not normal, and experts predict that demand will stay the same even if prices increase.” Here are a few of the things that we can expect to pay more in the coming months.  Read more >>