Conversation

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!