BrikoXM to Interesting Global News@lemmy.zipEnglish • 11 months agoHalf of recent US inflation due to high corporate profits, report findswww.theguardian.comexternal-linkmessage-square22fedilinkarrow-up1279arrow-down18file-textcross-posted to: usnews@beehaw.orgnews@lemmy.world
arrow-up1271arrow-down1external-linkHalf of recent US inflation due to high corporate profits, report findswww.theguardian.comBrikoXM to Interesting Global News@lemmy.zipEnglish • 11 months agomessage-square22fedilinkfile-textcross-posted to: usnews@beehaw.orgnews@lemmy.world
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@Dyf_Tfh@lemmy.sdf.orglinkfedilink1•11 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.