Companies Push Prices Higher, Protecting Profits but Adding to Inflation
https://www.nytimes.com/2023/05/30/business/economy/inflation-companies-profits-higher-prices.html
“Companies are not just maintaining margins, not just passing on cost increases, they have used it as a cover to expand margins,” said Albert Edwards, a global strategist at Société Générale, referring to profit margins, a measure of how much businesses earn from every dollar of sales.