While prices are rising all over the world, inflation is particularly pernicious in Britain. The country is in the midst of a historic national rail strike, and retailers feel caught in the middle. This includes Samantha Wallace, owner of the From Field and Flower honey stall at London’s Borough Market.
“I was saying to a friend, it’s kind of like pushing a rock uphill right now,” Wallace told “Marketplace” host Kai Ryssdal.
According to Wallace, inflation is affecting the costs she pays for importing and she is about to affect her customer base. “It’s going to start hitting the kind of people who come into the market for fun,” she said. “And so that’s a concern.”
Wallace had to change some price tags. “We actually had to, for the first time, raise prices for our Italian honey,” she said. “We tried to postpone it, but we’re going to have to do it now and hope it works.”
To listen to the interview, use the media player above.
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