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A comment on UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years. Parent comment

Re:UK: Food inflation rises to 18.2% as it hits highest rate... by onlyrealcuzzo on Friday March 24, 2023 @03:08PM (#35293998)
Profits have never been higher means nothing if dollars have never been lower.

What are profits like adjusted for inflation?

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Re:UK: Food inflation rises to 18.2% as it hits highest rate... by ImPostingOnHN on Friday March 24, 2023 @09:34PM (#35298192)
the dollars are lower as a result of their actions increasing profits

they only need to increase prices to deal with the increase in costs, and profits represent an increase above and beyond that necessary amount, which in economic terms is "not cool, dude"

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