Elasticity: The Economic Concept Behind How Companies Price Products | WSJ Price Index

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September 26, 2022
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The Wall Street Journal
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Elasticity: The Economic Concept Behind How Companies Price Products | WSJ Price Index

Transcript

  • [James] Consumer elasticities have largely held up better than expected year-to-date. - [Michele] We continue to expect more elasticity. - [Narrator] Price elasticity is a hot topic in earnings calls during periods of high inflation, like the one we are in now. When inflation is high, companies raise prices and consumer spending usually slows. As... Read More

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