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31/01/2025
How Global Inflation Can Affect Your Local Business
Nobody in the world can escape the effects of global inflation including your local business. In 2024 alone, the global inflation rate was at 5.2%. This high rate brought many unexpected impacts to small businesses worldwide.
Some even shut down due to the high costs of operation. Here, we’ll examine how global inflation affects your local business.
It leads to higher costs of operation
It leads to higher costs of operation
Related Irish News Stories
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08 November 2007
Inflation Rise Setback
Just weeks in advance of the 2008 Budget being announced, Ireland's inflation rate has jumped back up to 4.8%. According to the latest figures from the Central Statistics Office (CSO), this only happened in the past month and follows the rate of inflation rate dropping from a high of 5% in July to 4.6% in September.
Inflation Rise Setback
Just weeks in advance of the 2008 Budget being announced, Ireland's inflation rate has jumped back up to 4.8%. According to the latest figures from the Central Statistics Office (CSO), this only happened in the past month and follows the rate of inflation rate dropping from a high of 5% in July to 4.6% in September.
23 June 2016
Second Annual International Business Women's Conference Announced
Enterprise Ireland has announced the second annual International Business Women's Conference, which gathers leaders from across the business and entrepreneurial spectrum to celebrate the business achievements and success stories of women today.
Second Annual International Business Women's Conference Announced
Enterprise Ireland has announced the second annual International Business Women's Conference, which gathers leaders from across the business and entrepreneurial spectrum to celebrate the business achievements and success stories of women today.
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Ireland WeatherToday:Heavy rain with strong to gale force southerly winds, locally severe around the east coast. Drier and brighter conditions then developing in the afternoon with a scattering of showers. The strongest winds will ease during the afternoon, albeit remaining breezy. Maximum temperature 12 °C.Tonight:Breezy with clear spells and a few showers. These showers may be occasionally heavy in the west, however becoming fewer later in the night and dry in the east. Minimum temperature 6 °C.
