mirad la mierda de inflación lo que es:
https://www.reuters.com/markets/europe/ecb-confronts-cold-reality-companies-are-cashing-inflation-2023-03-02/
el bce, no ppcc, es el propio banco central europeo quien lo afirma:
Data articulated in more than two dozen slides presented to the 26 policymakers showed that company profit margins have been increasing rather than shrinking, as might be expected when input costs rise so sharply, the sources told Reuters.
An ECB spokesperson declined to comment for this story.
"It's clear that profit expansion has played a larger role in the European inflation story in the last six months or so," said Paul Donovan, chief economist at UBS Global Wealth Management. "The ECB has failed to justify what it's doing in the context of a more profit-focused inflation story."
The idea that companies have been raising prices in excess of their costs at the expense of consumers and wage earners is likely to anger the general public.
But it has implications for central bankers too.
Inflation fuelled by higher corporate margins tends to self-correct as companies eventually put the brakes on price rises to avoid losing market share, making it a very different beast to tame than a wage-price stampede.
So a new inflation narrative focused on margins could give the more dovish members of the Governing Council some ammunition to fight against further rate rises after their resistance proved largely futile over the past year, according to economists interviewed by Reuters.
The debate is due to resume at the ECB's next policy meeting on March 16, when the bank has promised to raise rates to their highest level since the height of the financial crisis in 2008.
si el bce sube tipos, no es tanto porque estos joputas se bajen del carro de subir el margen de explotación, sino porque... efectivamente! hay que bajar el burbujón inmo!!
