Inflation is a pressing issue in the minds of economists and policymakers alike. It’s been on the rise throughout the world, with seemingly no countries immune to its effects.
So what’s behind this troubling trend, and why does it seem to be getting worse? This article will explore some potential causes of inflation in 2022. Let’s get started!
What is Causing Inflation in 2022?
As small business owners, it’s important to stay informed about inflation. After all, higher costs brought on by inflation can have a big impact on your bottom line. As prices for goods and services rise, your costs go up as well.