#Inflation cools, but as costs for companies go down, the question is: Will the high prices they charge people stay?
Clorox’s chief executive, #LindaRendle, said she didn't plan to reduce prices even as costs fell. #Clorox, which sells #BurtsBees skin care products, #Brita water filters, & a slew of cleaning products, increased its prices by 16% in its most recent quarter. It's profits have soared too.
“We intend for these price increases to stick,” she said. 🤮
#Capitalism is not our friend 💸
#inflation #lindarendle #clorox #burtsbees #brita #capitalism