Rising inflation in the United Kingdom throughout 2022 has put pressure on businesses faced with larger energy bills. As of August 2022, approximately three-quarters of small and medium-sized enterprises (SMEs), that reported increased energy costs, advised that these higher energy costs would result in higher costs for their customers. Although 34 percent of these SMEs thought they could sustain higher energy costs for as long as needed, nine percent believed they could not afford them at all.
To what extent, if at all, will higher costs of energy for your business affect prices for your customers/clients?
Characteristic
Share of respondents
Higher energy prices will mean much higher prices for customers
34%
Higher energy prices will mean slightly higher prices for customers
41%
Higher energy prices will not change the prices we charge customers
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YouGov. (August 30, 2022). To what extent, if at all, will higher costs of energy for your business affect prices for your customers/clients? [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1330412/uk-smes-higher-energy-costs-and-consumers/
YouGov. "To what extent, if at all, will higher costs of energy for your business affect prices for your customers/clients?." Chart. August 30, 2022. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1330412/uk-smes-higher-energy-costs-and-consumers/
YouGov. (2022). To what extent, if at all, will higher costs of energy for your business affect prices for your customers/clients?. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1330412/uk-smes-higher-energy-costs-and-consumers/
YouGov. "To What Extent, If at All, Will Higher Costs of Energy for Your Business Affect Prices for Your Customers/Clients?." Statista, Statista Inc., 30 Aug 2022, https://www.statista.com/statistics/1330412/uk-smes-higher-energy-costs-and-consumers/
YouGov, To what extent, if at all, will higher costs of energy for your business affect prices for your customers/clients? Statista, https://www.statista.com/statistics/1330412/uk-smes-higher-energy-costs-and-consumers/ (last visited December 23, 2024)
To what extent, if at all, will higher costs of energy for your business affect prices for your customers/clients? [Graph], YouGov, August 30, 2022. [Online]. Available: https://www.statista.com/statistics/1330412/uk-smes-higher-energy-costs-and-consumers/
