Skip to content

Dear Pru

Dear Pru Logo
Home ยป Archives for December 2022

December 2022

The Knitrepreneurs Episode 9: The Lipstick Index

The Knitrepreneurs #9: The Lipstick Index

In this week’s episode of The Knitrepreneurs, we discuss how the Lipstick Index relates to our yarn craft industry. In Australia, mortgages have increased significantly, cost of electricity and other essential items are going up, and the cost of living is expected to continue to rise into the new year. How might this affect the purchasing power of knitters and crocheters? And how could we respond to this challenging market using what we know about the Lipstick Index?