BrikoXM to Interesting Global [email protected]English • 6 months agoHalf of recent US inflation due to high corporate profits, report findswww.theguardian.comexternal-linkmessage-square24fedilinkarrow-up1302arrow-down18file-textcross-posted to: [email protected][email protected]
arrow-up1294arrow-down1external-linkHalf of recent US inflation due to high corporate profits, report findswww.theguardian.comBrikoXM to Interesting Global [email protected]English • 6 months agomessage-square24fedilinkfile-textcross-posted to: [email protected][email protected]
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
minus-square@[email protected]linkfedilink1•6 months agoSo according to the report, since 2019 54% of price increase are due to labor, 34% to profit and 12% to non-labor. Those 12% that started the current inflation loop are relatively small overall.
So according to the report, since 2019 54% of price increase are due to labor, 34% to profit and 12% to non-labor.
Those 12% that started the current inflation loop are relatively small overall.