Finance Monthly - August 2023

Inflation throughout the Western world has been rising over the past few years because of some of the supply chain issues related to Covid-19, as well as the war in Ukraine causing supply chain issues in energy and food. All of these have contributed to inflation rising, but despite this, we are still seeing the profits of large companies rise throughout the Western World. This has led some to question how companies with increasing supply chain issues and supplyside price rises are able to increase their profits. This is where the term “Greedflation” comes from. Finance Monthly GREEDFLATION? WHAT IS Economy Finance Monthly. 54

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