The key question is, in an economy where the consumer continues to spend freely, how sticky this “excuseflation” proves to be and how high the Federal Reserve will have to drive up interest rates to prompt businesses to lower prices, or at least stop raising them.
Source: wiktionary
The power of excuseflation is that it allows apologists to, well, make excuses. When egg prices shot up in January, Big Egg was able to blame it all on bird-flu.
Source: wiktionary
It's called, ‘Excuse-flation’, because most of the big brands are using inflation as an excuse, to keep their prices high.
Source: wiktionary
These may be entirely legitimate reasons to raise prices but the companies engaging in excuseflation are seen as exploiting the situation.
Source: wiktionary
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