Thinktank report says ‘resounding evidence’ shows companies continue to keep prices high even as their inflationary costs drop
  •  Dyf_Tfh   ( @Dyf_Tfh@lemmy.sdf.org ) 
    1•6 months ago

    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.