Profit margin increasing by a percentage point on a low margin business is poten... | Hacker News

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		jncfhnb 4 months ago \| parent \| context \| favorite \| on: Mexico to US livestock trade halted due to screwwo... Profit margin increasing by a percentage point on a low margin business is potentially significant

gruez 4 months ago [–]

It's certainly meaningful for the company involved, but a 1% increase in grocer margins means a $100 grocery bill becomes $101. It's at best an incomplete explanation for the ~20% price increase on grocery prices between 2021 and 2023.

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