6 sectors which benefit from high inflation
Inflation is the rising price of goods and services. The increased cost of living essentially means you will need to spend more money when purchasing everyday items such as bread, milk, apples, petrol etc. Generally speaking cash would be the worst asset class to hold in a high inflationary environment. However stocks would be a better choice. This is because a company’s revenue and earnings should grow at the same time as inflation. Companies usually pass rising costs to the …