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Inflation and profit margins - lessons from the market

Jim Riley

27th August 2010

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Here’s a great video from the BBC which is a neat way of introducing the concepts of price inflation and profit margins - all in one!

Is “everything going up”? The BBC reporter visits a street market in London to canvas opinion. A market stall holder claims that he has to ensure that customers stay happy, which means buying cheaper produce, or absorbing the increasing cost of his products through a lower net profit margin, rather than pass those costs on through higher prices.

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Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.

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