‘Greedflation’ is replacing inflation as companies raise prices for bigger profits, report finds

They’re calling it “greedflation.”

That’s the practice by many S&P 500 food and consumer companies of raising prices to protect what a new report calls their “cushioned corporate profits,” and it has enabled them to boost margins through the current inflationary period.

Companies including Kimberly-Clark Corp. KMB, PepsiCo Inc. PEP, General…