Organisations need effective financial strategies to manage the impact of inflation. Robust inflation strategies that anticipate and reduce the effects of the current inflationary environment are vital. Exploring the dynamics of inflation and the strategic responses required, the downloadable, detailed report The Cost of Business: Inflation’s Impacts and the Role of Finance equips businesses and finance professionals with insights into what type of inflation we’re facing, current inflation drivers, how finance leaders are combatting inflation, and other key findings.
Inflation has been rising across much of the globe. In many countries, it’s likely to continue to increase in the short-medium term.
Inflation affects businesses and consumers, and its impact is seen across society. Whilst some businesses and sectors of society will have the means to weather the inflation storm, everyone feels the effects of it, nonetheless.
Businesses and consumers are feeling the effects of rising inflation. In many economies, this has reduced real wages, reduced purchasing power, and contributed to slower growth rates that in some countries have already turned into recessions. For businesses, it also means more uncertainty and means they are revisiting their investment decisions and this, in turn, affects the wider economic growth.