Since 2021, the European Union has experienced historically high levels of inflation, with year-on-year increases in consumer prices reaching as high as 11.5 % in October 2022. The present study assesses how this environment of high inflation has affected small and medium-sized enterprises (SMEs).
The SME performance review monitors and assesses countries' progress in implementing the SME strategy and the Small Business Act (SBA), mapping SME performance in EU countries and partner countries.
