A report states that female shoppers seem to react less "elastically" to price increases in fashion items. Photo: AFP
In Switzerland, inflation is even making its way into women's clothing stores – a phenomenon described as "pinkflation".
For several months now, many European countries have been facing significant inflation.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
