☆ Yσɠƚԋσʂ ☆ to World NewsEnglish · 11 months agoIMF working paper finds that corporate profits are the largest driver of inflationimagemessage-square4fedilinkarrow-up1186arrow-down112file-text
arrow-up1174arrow-down1imageIMF working paper finds that corporate profits are the largest driver of inflation☆ Yσɠƚԋσʂ ☆ to World NewsEnglish · 11 months agomessage-square4fedilinkfile-text
source https://www.imf.org/en/Publications/WP/Issues/2023/06/23/Euro-Area-Inflation-after-the-Pandemic-and-Energy-Shock-Import-Prices-Profits-and-Wages-534837
minus-squareHot SaucermanlinkfedilinkEnglisharrow-up4·11 months agoOver half of the increase is the increase of cost of importing goods. Now, how much of the increase of importing goods is from corporate profits from foreign companies?
Over half of the increase is the increase of cost of importing goods.
Now, how much of the increase of importing goods is from corporate profits from foreign companies?