Are greedy firms behind the inflation crisis?

The Weekly Briefing from Capital Economics · Jul 3, 2023 · 22m

Accusations of ‘greedflation’ are flying thick and fast, fuelling public anger over rising prices, putting executives on the defensive and pressuring politicians to do something. But are companies really taking advantage of inflation’s return to maximise profits? Simon MacAdam, a Senior Economist on our Global Economics team, has just completed in-depth analysis into the ‘greedflation’ question and talks to David Wilder about his findings – including why the current debate is fundamentally flawed but also just how much corporate pricing behaviour has inflamed the inflation situation.

Plus…