Wholesale Inflation Is Up 11.3%

He's always making little tweaks to the business model

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Inflation isn't just affecting consumers... it seems that business owners are now feeling the pinch even harder.

According to new data from the Labor Department, wholesale inflation is up 11.3% over just one year ago. That's even higher than the consumer inflation rate, which reached a 40-year high of 9.1% last month.

In addition to volatile energy and food costs, retailers are dealing with higher costs for transportation and warehousing.

If you're a small business owner -- what ways have you had to adapt to inflated prices??? Tweet us @ConwayShow.

Read the full report on CNBC.

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