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Businesses Take Double Shot of Inflation

Businesses Take Double Shot of Inflation

Photo: WNAX


While consumers see rising prices on the shelf, there are multiple issues that contribute to those.
Nathan Sanderson, Executive Director of the South Dakota Retailers Association, says businesses are dealing with a lot of factors out of their control….

Sanderson says prices paid by businesses are all changing rapidly….

Sanderson says businesses have to deal with a number of fixed costs…

The latest gauge on inflation was running about seven and a half percent.

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