Add to that the impact of the foreign exchange rates. As the economy experiences inflation, and US debt increases there's also the effect of the US becoming less creditworthy and the dollar being a less desirable store of value to foreign investors.
Given that a lot of powders are manufactured abroad, that devaluation of the dollar in FX terms will mean the imported powders may rise in price even more than domestic ones. We have a bit of a buffer, because I expect that 2024's powder supply has already been contracted with the manufacturers, but welcome to the world of a less trusted dollar.
Given that a lot of powders are manufactured abroad, that devaluation of the dollar in FX terms will mean the imported powders may rise in price even more than domestic ones. We have a bit of a buffer, because I expect that 2024's powder supply has already been contracted with the manufacturers, but welcome to the world of a less trusted dollar.