Greedflation: Supermarket profits have skyrocketed well above agricultural inflation. Yet the BBC puts it all on increased input costs

The BBC is right. Agricultural cost increases have contributed to food inflation. But supermarkets like Tesco have used the inflation as cover to increase their profits further, known as greedflation. The cost of food has risen by 37% in five years across the board, but some essentials are up 69% since 2022. Meanwhile, Tesco’s operating […]

By James Wright

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