Can a business profit during an inflation period in a country where the costs of items have gone over the roof, and purchasing power is low?
Can a business profit during an inflation period in a country where the costs of items have gone over the roof, and purchasing power is low?
Read less
Sure, businesses can potentially profit during inflation. Some businesses, like those in certain industries such as real estate, commodities, and certain manufacturing sectors, can benefit from inflation by increasing prices for their products or services. Additionally, companies with strong pricingRead more
Sure, businesses can potentially profit during inflation. Some businesses, like those in certain industries such as real estate, commodities, and certain manufacturing sectors, can benefit from inflation by increasing prices for their products or services. Additionally, companies with strong pricing power, the ability to pass on increased costs to consumers, can also fare well during inflationary periods. However, it depends on various factors such as the nature of the business, its ability to adapt to changing economic conditions, and its strategic decisions.
See less