Well, at least the Competition & Markets Authority is seeing what the Bank of England in its selective myopia frequently ignores.
In the CMA's report into the retail market, they identify a clear raising of profitability by food & other producers, with price rises that are now feeding #inflation not merely reflecting it.
Those who coined the phrase #greedflation having been saying this for some time only for the BoE to repeatedly downplay this aspect, while still focusing on #workers wages!
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