Inflation Rates by Country in 2022
Across the world, inflation is on the increase with food and energy prices hitting record highs. Below are inflation rates by country in 2022.
Economy
Keeping you up to date on the economy and how it impacts small businesses.
Heating Oil Prices Already High, Expected to Go Higher
Heating oil prices in the US are already high and expected to go higher on recent news from OPEC. The high oil prices add to the strain being felt by small businesses right now.
Impact of Inflation Still Worrying Small Businesses
The impact of inflation and rising input costs have many SMBs worried around the world according to the Global State of Small Business Report.
Food Prices Rising Affects Small Businesses Nationwide
Food prices rising for small businesses on these essential items, which are key to keep customers coming back in a tough economy.
Maybe a Good Sign for Small Businesses Amid Inflation and Recession Uncertainty?
A new report by the Bank of America Institute indicates that small businesses, despite experiencing economic challenges, show strength in various areas.
Egg Prices Still Going Up – Nearly Double Since 2021
Egg prices are up 82% over August last year and just went up another 6.1% from July, according to information from the U.S. Bureau of Labor Statistics (BLS).
Inflation Drives Online Grocery Prices Up 14% Over Last Year
The latest inflation data from the Adobe Digital Price Index (DPI) shows, the cost of groceries online continues to soar, reaching another record high of 14.1% year-over-year.
Gas Prices Continue Dropping
Gas prices continue dropping across the nation, however some states still have considerably higher prices compared to the national average.
Flour Price Jumps 5.3% in Last Month
The average retail price of flour across the US jumped by 5.3% in July, following trends of rising prices of products in grocery stores.
Recession Hits the Housing Market
According to NAH, only 49% of home builders feel confident in sales, at the present and for the next 6 months.
How to Get Ready for The Next Recession
On The Small Business Radio Show this week, I interviewed Gini Dietrich, whose the founder, CEO, and author of Spin Sucks.
Egg Prices Up 47% This Year – How High Will it Go?
According to the retail analytics firm Information Resources Inc, egg prices have gone up by 47% in July compared to what they cost a year ago.
