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Interesting Global News@lemmy.zip • 10 months ago

Half of recent US inflation due to high corporate profits, report finds

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Half of recent US inflation due to high corporate profits, report finds

BrikoX@lemmy.zipM to

Interesting Global News@lemmy.zip • 10 months ago

Thinktank report says ‘resounding evidence’ shows companies continue to keep prices high even as their inflationary costs drop

Archived version: https://archive.ph/0d18B
Archived version: https://web.archive.org/web/20240119122923/https://www.theguardian.com/business/2024/jan/19/us-inflation-caused-by-corporate-profits

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Howdy@lemmy.zip
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10 months ago
Corps took a hit due to covid lockdowns, they wanted to get the profit they missed back and then just said fuck it, they are used to these prices is what I'm hearing.

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