Fast-rising prices are inflicting what is being claimed will be the biggest one-year fall in disposable income, adjusted for inflation, in at least 30 years.
Across the globe, markets are trying to rebound from Coronavirus lockdowns, while also facing growing inflationary pressure throughout the supply chain. Concerns regarding the Russian invasion of Ukraine are accelerating some of these factors.
Many suppliers have already taken some price increases. However, with sustained inflation for the foreseeable future, they are trying to work out when to go again to recover escalating costs, where, to what level… and with what consequences.
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