Published On Sep 22, 2022
Price hikes from periodic supply chain shortages are not unprecedented. Remember when hand sanitizer was in short supply from panic buying at the start of the 2020 pandemic? CNBC reported that one Amazon seller sold 2-liter bottles of Purell for as much as $130 — a 271% price hike!
Fortunately there’s plenty of hand sanitizer today, but supply chain shortages will likely persist for other necessities. That’s because issues such as climate change, the war in Ukraine, labor shortages and backups at warehouses and ports are not likely to go away anytime soon.
These are obviously issues you can’t control. You can stock up on some items to avoid price hikes in the future. Here are 15 things you should buy now before prices go up due to supply chain shortages.
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