Central banks are turning their attention to companies using high inflation as an excuse to boost their profit margins, warning that businesses’ price gouging risks triggering persistent cost pressures.
Profit margins of US companies hit their highest level since the aftermath of the second world war in 2022, research by economists at the University of Massachusetts Amherst has found.
Eurozone businesses have also enjoyed the biggest expansion in their profitability since the 2008 financial crisis over the past two years, according to research by French bank Natixis.
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