In this talk, Hywel is discussing how inflation can affect businesses. He talks about how the increase in raw material prices can lead to cost-push inflation, which can cause businesses to increase prices, leading to a decrease in consumer purchases. Rising costs, higher interest rates, and supply chain disruptions can have a negative impact on businesses.
Additionally, inflation can provide opportunities for investments; however, borrowing money will be more expensive. Foreign exchange effects can be affected by inflation, which can have a negative impact on businesses that deal with other countries. Hywel concludes by saying that YourBigPic can help businesses to understand how inflation affects businesses and to prepare for any future inflation.