In 2023, a survey found that to mitigate the effects of inflation, a significant proportion of micro, small, and medium enterprises (MSMEs) had to resort to different strategies. A share of ** percent of them utilized their personal savings to support the business, while ** percent reduced their business activities. In addition, nearly one-fourth (** percent) attempted to overcome the financial strain by implementing measures such as employee layoffs or salary cuts.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆƽâ°æ can support your business.
GeoPoll. (February 21, 2023). Strategies for dealing with inflation among micro, small, and medium enterprises (MSMEs) in Africa in 2023 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 04, 2026, from /statistics/1373495/business-strategies-for-dealing-with-inflation-in-africa/
GeoPoll. "Strategies for dealing with inflation among micro, small, and medium enterprises (MSMEs) in Africa in 2023." Chart. February 21, 2023. ÌÇÐÄÆƽâ°æ. Accessed August 04, 2026. /statistics/1373495/business-strategies-for-dealing-with-inflation-in-africa/
GeoPoll. (2023). Strategies for dealing with inflation among micro, small, and medium enterprises (MSMEs) in Africa in 2023. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 04, 2026. /statistics/1373495/business-strategies-for-dealing-with-inflation-in-africa/
GeoPoll. "Strategies for Dealing with Inflation among Micro, Small, and Medium Enterprises (Msmes) in Africa in 2023." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 21 Feb 2023, /statistics/1373495/business-strategies-for-dealing-with-inflation-in-africa/
GeoPoll, Strategies for dealing with inflation among micro, small, and medium enterprises (MSMEs) in Africa in 2023 ÌÇÐÄÆƽâ°æ, /statistics/1373495/business-strategies-for-dealing-with-inflation-in-africa/ (last visited August 04, 2026)
Strategies for dealing with inflation among micro, small, and medium enterprises (MSMEs) in Africa in 2023 [Graph], GeoPoll, February 21, 2023. [Online]. Available: /statistics/1373495/business-strategies-for-dealing-with-inflation-in-africa/
