Inflation has pushed corporate profits to record highs, EU says

Continued high profits could ‘delay the process of disinflation’, according to European Commission research

EU economy commissioner Paolo Gentiloni believes rising wages will eat into corporate profit margins from next year. Photo: Thierry Monasse/Getty Images — © Getty Images

Sarah Collins

Inflation has helped eurozone corporates to ratchet up profits to record highs, European Commission research shows.