Lagarde asks Competitive to analyze the industries that drive the most profits

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This minister European Central Bank (AMB), Christine Lagarde proclaimed herself this Monday: competition authorities The percentage of eurozone member states analyze what is behind it. profit increases between sectors work increased more Among its results in 2022 agriculture, structure, restoration And Transport. “I would think absolutely perfectly necessary to fully understand and appreciate whether some practices have been legitimate or compliant“, continued in the European Parliament.

The senior French official therefore, over the past year certain sectors completely moved for Price:%s who charged consumers rising costs causing it inflationary spiralbusiness margins did not decrease. He added that in some cases they even raised prices. above what will come out just move He said costs have increased. CPI.

These sectors, Lagarde explained, “take advantage” a context in which offer it was limited due to bottlenecks sue it was growing to end the epidemic and all companies prices were rising due to rising inflation. He warned that there may be “apps” behind this. compatible or apps market oriented“, according to him, is something that competition authorities should analyze. An agreed price increase is, precisely, punishable by the said authorities.

Rental contract

Lagarde, yes, this situation “obvious” but last year “less obvious” In the months up to 2022. The upside risks to inflation are now greater than operating margins. salary negotiations. In this sense, he considered the reconciliation of employers and unions important. salary agreements This means a breakdown of the effect of inflation, because a spiral The ECB warns that wage and benefits increases will need to increase. harden to a greater extent Money Politics.

The central bank governor also recalled his prediction that the average impact of rate increases approved since July last year and a reduction in the institution’s balance sheet would be $0.5 billion. two percent points less inflation Between 2023 and 2025, economic growth on average the other two points Percentage rates between 2022 and 2025. Despite these forecasts, he warned that the ECB should continue to tighten its monetary policy, as there is still a gap. no “proof” that inflation basics to be (without more volatile energy and food) technical titleanyone.

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