We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cost inflation still a ‘massive problem’ for companiesForager Funds Management Chief Investment Officer Steve Johnson says cost inflation is still a “massive” problem for companies. “Particularly if you can’t pass that onto customers,” Mr Johnson told Sky News Australia. “We’ve seen KFC operators, like restaurant brands, coming out and saying ‘our costs are going up much faster than our revenue is going up and therefore profits are down'. “That’s been a huge problem.”
Source: SkyNewsAust - 🏆 7. / 78 Read more »