‘Greedflation’: profit-boosting mark-ups attract an inevitable backlash

Companies using disruptions to raise prices and increase margins have led to a new term, 'greedflation'. Policymakers and the public are scrutinizing the trend, as profit margins are starting to shrink and calls for action persist.

March 31, 2023 . 12:34 PM

1 min read

Some companies have been using disruptions to raise prices and increase margins, leading to the term 'greedflation'.
Despite supply chain issues and global disruptions, corporate profits have surged.
This has led to increased scrutiny from policymakers and the public.
Profit margins have started to shrink, but calls for action against price gouging persist.
Companies may face more fractious labour relations as workers demand a share of the profits.