Companies raise prices again due to tariffs

 

 

(CNN)– It might be time to break that piggy bank.

The Wall Street Journal reports, a number of companies are raising prices once again.

That’s after a trend of holding them steady for holiday shopping.

Many retailers cite pressure from tariffs.

Some small businesses say they are also grappling with wages and high healthcare costs.

They have tighter margins than larger companies.

Many retailers also increased prices last year after new tariffs took effect.

Categories: National News, News