Inflation
Higher for longer: How businesses are struggling with sky-high costs even as inflation eases
Inflation has begun to cool as interest rate hikes take effect but energy, food and wage costs remain significantly higher than before - and are unlikely to fall
After a difficult two years, business owners could be forgiven for thinking that inflation was a thing of the past and that normal service had resumed.
The price of a number of commodities such as energy have started to come down - on the back of a record-breaking rate hiking cycle - but remain far above where they were two years ago, and while inflation is cooling prices won’t be falling back to the old ...