Janette Hendricks said she has noticed higher prices on “just about everything” in the past three months or so. Rising fuel costs are prompting airlines to cull unprofitable flights and consider boosting ticket prices. “Pricing is certainly a function of cost, and with higher fuel prices, you’re going to expect to see ticket prices go up as well,” he told investors in July. “Any higher costs for material comes right out of our profit,” said Randy Noel, a custom builder in Louisiana and chairman of the home builders’ board. Higher costs mean his company has only sold 30 homes this year, rather than the normal 40.

Source: National Post August 01, 2018 07:05 UTC