Yelp Sees Spike In Reviews About Inflation

There are many more people reporting reviews these days on Yelp for different restaurants and food establishments and one of the biggest issues people want to talk about is the increase they are seeing in prices.

Inflation concerns are spiking with reviews on Yelp according to a recent report.

There are comment reviews being left on this topic such as customers stating that something "used to be cheaper" or that now they are seeing prices "more expensive" etc when they are going out to eat.

Inflation is making its way into products and services around the market and that means people are going to especially be noticing food costs going up. Not just customers at restaurants or grocery stores but also those for small businesses too. Multiple countries are facing inflation, some obviously more than others.

In Turkey they've had over 36% in December for inflation, Venezuela inflation was reported to be around 1197.50% toward the end of last year, these days inflation is turning into a significant challenge for countries around the world to deal with.

With inflation going up that means food is going to become more costly and this is going to especially have a negative impact on lower income individuals and families.

Due to inflation and supply chain issues etc there are a number of businesses throughout the pandemic who have had to increase their prices and it's not going to take that long for customers to start seeing it on the menu, they already are.

Sources: https://www.businesswire.com/news/home/20220126005328/en/Inflation-Related-Reviews-Reach-Record-High-in-Q4-According-to-the-Yelp-Economic-Average