UB Consulting: Is Rising Inflation Shifting Retail and Foodservice Demand?
Consumer prices continue to rise amidst economic turbulence. Ongoing COVID complications, global supply chain issues, and an unresolved Russia-Ukraine conflict have all attributed to rising prices for the consumer to some degree. As many continue to anticipate further interest rate hikes by the Federal Reserve to combat inflation, retailers and foodservice establishments may experience a shift in consumer demand with rising prices...
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