An ugly truth

 


"The Banco de España confirms that company profits grew seven times more than wages in 2022.

The institution says that companies have transferred the increase in costs to sales prices and have improved or maintained their profitability during the current period of high inflation."

Found at BoT : a great summary of Iberia's news.

(Original source at ElDiario here.)

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Published on December 11, 2022 14:08
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Brett Hetherington
For readers who like stimulating & original lit-bits on social & personal issues. From the mind of an always-curious author/teacher/journalist living long-term in Europe (Catalonia/Spain.)
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