Outsize Profits Helped Drive Inflation. Now Consumers Are Pushing Back.

By WSJ World News By WSJ World News   | 2 months ago
Outsize Profits Helped Drive Inflation. Now Consumers Are Pushing Back.

Companies discover buyers are more price-sensitive—which is good news for central bankers

Extraordinary corporate profits were a driving force in last year’s surge in inflation, a pressure that is now easing rapidly as customers push back. 

Across industries and regions, there are signs that the price rises that allowed some businesses to make outsize profits during the Covid-19 pandemic—even when they were selling fewer goods—are coming to an end. 

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