Wholesale Inflation Is Up 11.3%

He's always making little tweaks to the business model

Photo: Getty Images

Inflation isn't just affecting consumers... it seems that business owners are now feeling the pinch even harder.

According to new data from the Labor Department, wholesale inflation is up 11.3% over just one year ago. That's even higher than the consumer inflation rate, which reached a 40-year high of 9.1% last month.

In addition to volatile energy and food costs, retailers are dealing with higher costs for transportation and warehousing.

If you're a small business owner -- what ways have you had to adapt to inflated prices??? Tweet us @ConwayShow.

Read the full report on CNBC.


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