FSB comment on fall in inflation
“Throughout 2011, inflation and especially the rising cost of commodities and fuel caused a problem for small businesses. Our research showed that 80 per cent of small businesses saw the cost of running and trading increase in the last three months of 2011. We therefore welcome this 0.8 per cent fall. Small businesses will be encouraged by the improving inflationary outlook, with last year’s VAT increase now factored out of the equation and pressures from commodity and oil prices easing. This should give them confidence and also give a timely boost to consumer spending that has been hit hard by rising price More information is available at www.fsb.org.uk |
