Zainab Ali
ISLAMABAD: Small businesses, especially vendors, are increasingly worried about the impact of soaring inflation, with a majority of owners raising prices on consumers to offset the financial pain.
Inflation is top-of-mind for small businesses and vendors as it continues to limit their profit and purchasing power, forcing small businesses to hike their prices and absorb higher costs within already thin margins.
However, owners of small businesses decry the soaring escalating inflation and maintain that the current wave of inflation has limited their profit and decreased sales.
These small business owners and vendors have had to contend with record inflation driving up the cost of doing business while also making customers think twice about their spending habits.