BCA Insights

Greedflation: Fad, Fact Or Fiction? | BCA Research

Written by BCA Insights | May 19, 2023 4:27:00 PM
The notion that companies have been persistently hiking prices faster than costs are increasing – so-called “greedflation” – is not clearly evident in the US, euro area and UK. The US had a “whiff of greedflation” in 2020/21, with profit margins driving inflation, but since then labor costs have become a much bigger driver of inflation.