this post was submitted on 29 Jul 2023
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IMF working paper finds that corporate profits are the largest driver of inflation (lemmy.ml)
submitted 2 years ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml
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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

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[–] dingus@lemmy.ml 4 points 2 years ago

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?