As always this report is extremely insightful and does a great job of highlighting the current environment we are in and the challenges posed. There are things businesses can do other than just absorb these costs. Take a look at all of your expenses direct and indirect and understand real cost pressures vs opportunistic pricing to see if you are being overcharged.

The latest inflation numbers peg the inflation rate at 6.2%. In actuality it is much higher depending on your location.