Budgeting for 2023 Under Inflation Uncertainty

Uncertainty on the inflation front continues. There is probably more uncertainty now than six months ago.  As of the end of August, electricity prices were still 15.8% higher than in August 2021. While month-to-month we have seen slight decreases in the Producer Price Index and Consumer Price Index, as well as slowed growth to other leading indices for the construction sector, a lot of uncertainty remains.

As you finalize your budgets for 2023, if you have questions/concerns about preparing for potential impacts of inflation, feel free to contact Ryan Graf at Ryan.Graf@ae2s.com.