The reality of higher inflation–7% on a global level according to the latest data from the International Monetary Fund–and its tangible impact on our wallets is a challenge we’ve all come to accept as a part of the current macroeconomic climate. There isn’t a day that goes by without some clear indication in the headlines that we are in a new world–or at least one that breaks from the past 20 years of global economics.
While inflation is usually spoken about in terms of the impact on consumers, it is critical to remember that the impact isn’t isolated to the average person on the street. It also affects the companies those people work for and purchase goods or services from, the vast majority of which are mid-sized corporates.
