Inflation Pricing Study: How Businesses Conquer Rising Inflation Rates and Eroding Margins

Published on January 19, 2023

Inflation rates are rising drastically, driven up by ongoing supply chain disruptions, growing global volatility and increased consumer demand. The result? Businesses are facing significant margin erosion. We wanted to know how companies are handling the price pressure and conducted a global study to find out.

Around the globe, inflation rates are at a historic high: In the OECD area, year-on-year inflation rose to 7.7 percent in February 2022 from just 1.7 percent in February 2021. With rising costs and competition, companies have to come up with strategies to face this challenge.

As pricing experts, we know that a proven method to mitigate shrinking margins is effective price management. However, despite the ongoing situation, many businesses are avoiding addressing their price challenges. To find out the details and reasoning behind it, we…

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