It is never without much reflection and reservation that we make the difficult decision to raise prices, but the current operating environment is forcing our hand.
We continue to see inflationary pressures on raw materials (as frequent as once per quarter), fuel, insurance, virtually across the board of our industry which inevitably is forcing a price adjustment.
This chart shows the Producer Price Index for HVAC and Commercial Refrigeration Equipment
- Source: Bureau of Labor Statistics
- Survey by: Bureau of Labor Statistics
- Published by: Bureau of Labor Statistics
- Source link: Bls.gov
- Release date: February 2022
