Tangentially, I think you'll find a lot of this price inflation happening in the US due to Trump's tarrifs. Even if companies find cheaper places to import, if the customers get used to the higher prices, I find it difficult to imagine they'll drop the cost. Quick to go up, slow to go down.
Only to a certain degree. Wages are probably not going to keep matching price increases. If people have less real disposable income, they aren't going to buy as much.
