In spite of economies largely reopening in 2022, there were still many trials and tribulations for companies this year due to rising inflation, higher cost of borrowing due to the central banks raising interest rates and consumers generally tightening their belts. This had contrasting impacts on two sectors where banks generally benefited and the F&B sector did not.


Image credit: Shutterstock

In spite of economies largely reopening in 2022, there were still many trials and tribulations for companies this year due to rising inflation, higher cost of borrowing due to the central banks raising interest rates and consumers generally tightening their belts. This had contrasting impacts on two sectors where banks generally benefited and the F&amp;B sector did not. Image credit: Shutterstock

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