Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes
Multinationals in particular hiked prices far above rise in costs to deliver an outsize impact on cost of living crisis, report concludes
No shit
Correct, this is literally how market economics works. The real question is why they weren’t able to do it before, since they had the incentive already (and always do).
People had a lot more cash on hand after the pandemic, and then wages rose.