Ageras Launches Small-Biz Inflation Tracker, Finds Inflation Rates Outpacing Prices Charged by Europe’s Smallest Businesses
Retrieved on:
Tuesday, December 6, 2022
Ageras’ index focused on seven European economies--Austria, Belgium, Denmark, France, Germany, Switzerland, and the United Kingdom. It chose these countries because Ageras’ software suite is most heavily used there, and its dataset is strongest. Ageras’ future index reports will expand the countries it studies.
Key Points:
- Our data in this inaugural report show that inflation left small business owners worse off in every country we studied.
- It chose these countries because Ageras software suite is most heavily used there, and its dataset is strongest.
- In Europes largest economies, the CPI rose between 2% to 3% faster than price hikes by small businesses.
- Ageras data show small business owners in Germany raised their prices by 5.9% in Q3 2022 compared to last year.