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BBCNEWS World Business Report September 29, 2021 04:45:00 - Vimarsana News

BBCNEWS World Business Report September 29, 2021 04:45:00

Businesses will remain very fragile from many more months to come and they have come out of the covid crisis most heavily indebted across the globe and this is causing fragility in the sector and so we are seeing continued shocks in the system from co2, fuel, 20% of products has not been delivered in the sector and all of that perfect storm coupled with the labour shortages mean revenue is still suppressed by 16- 20% revenue is still suppressed by 16— 20% up where they would have been at 2019 levels. this sector is undoubtedly fragile in the immediate term and it would take 18 months to reco...

BBCNEWS World Business Report September 29, 2021 04:41:00 - Vimarsana News

BBCNEWS World Business Report September 29, 2021 04:41:00

Because other costs are also going urn-— going up. the price of ingredients _ going up. the price of ingredients have - going up. the price of- ingredients have basically doubled. similarly, wages have increased and making things difficult to maintain the price structure we have already. the rices structure we have already. the prices may _ structure we have already. the prices may have _ structure we have already. the prices may have to _ structure we have already. the prices may have to go up? i i prices may have to go up? i think it's inevitable for the industry. i cannot think of a singl...