tzongocu on Nostr: š° News Alert: š Title: Coffee inflation will bankrupt cafes šļø Published: ...
š° News Alert:
š Title: Coffee inflation will bankrupt cafes
šļø Published: Fri, 21 Feb 2025 02:30:32 +0000
š Summary: 1. The insolvency data from ASIC indicates a significant economic impact on the hospitality industry in Australia, with a 62% increase in businesses becoming insolvent in the first seven months of 2024-25 compared to the same period in 2023-24.
2. 1,420 businesses in the hospitality industry became insolvent in the first seven months of 2024-25, a 62% increase from the previous year's 877 businesses.
3. The rising insolvency numbers in the hospitality industry suggest potential ongoing challenges
š https://www.macrobusiness.com.au/2025/02/coffee-inflation-will-bankrupt-cafes/
šļø Source: MacroBusiness
#bitcoin #crypto #news
š Title: Coffee inflation will bankrupt cafes
šļø Published: Fri, 21 Feb 2025 02:30:32 +0000
š Summary: 1. The insolvency data from ASIC indicates a significant economic impact on the hospitality industry in Australia, with a 62% increase in businesses becoming insolvent in the first seven months of 2024-25 compared to the same period in 2023-24.
2. 1,420 businesses in the hospitality industry became insolvent in the first seven months of 2024-25, a 62% increase from the previous year's 877 businesses.
3. The rising insolvency numbers in the hospitality industry suggest potential ongoing challenges
š https://www.macrobusiness.com.au/2025/02/coffee-inflation-will-bankrupt-cafes/
šļø Source: MacroBusiness
#bitcoin #crypto #news