— Jamaican manufacturers faced rising costs at the height of the COVID-19 pandemic.

— Some say they were unable to pass on the rising costs and suffered reduced margins as a result.

— However, of six companies analysed by the Jamaica Observer, two showed better margins while two fared worse and two showed no change before and after the pandemic.

JAMAICAN manufacturers complained at the height of the COVID-19 pandemic that rising costs, first associated with difficulties in sourcing raw materials because of lockdowns, soaring shipping costs, and then the war in Europe, squeezed the margins they make on the products they sell because, faced with the economic situation at the time, they could not pass on price increases to consumers who had little or no disposable income. And, even when price increases were implemented, they came with t

https://www.jamaicaobserver.com/business/profit-palette/