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Business

business reporter Daniel Ziffer

The profit crisis is the inflation-driving pressure we don't talk about

Inflation Sally McManus Australia Australian Bureau of Statistics NAB

Interest rates, the Russian war in Ukraine and a supply chain crunch are all blamed for surging inflation that is eroding the value of worker's pay packets.

But there's another element: soaring company profits.

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The Times of India

One subscription that gives you access to news from hundreds of sites

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Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

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