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<blockquote data-quote="Sahan27" data-source="post: 27233206" data-attributes="member: 23355"><p>What has happened is variable income earners in the business class benefited from the inflation. specially the business class involve in various trades. many businesses benefited with the recent price hikes. personally I know people in Hardware , Spare parts , Tyre , Steel , Computer accessories , Food industries received huge profit margins thanks to the price hikes. when they increase the price for their products / services despite of the industry they keep much higher profit margins (Lankans right , do you think anyone keep same profit margin or lower one <img src="/styles/default/xenforo/smilies/default/P.gif" class="smilie" loading="lazy" alt=":P" title=":P :P" data-shortname=":P" />) not only that the Manufacturers offer attractive discounts , free issues and many cash incentives to retailers and wholesalers to push the product to the market with higher prices. what we see in the media is the suffering of the people who are earning fixed income or involve in informal economic activities. at least 5% of people benefited from this hyper inflation. as well as the billions of money printed by CBSL injecting to the circulation via banks and other financial institutions. eventually the increasing demand for the imported luxury items again depreciate the rupee against the dollar.</p></blockquote><p></p>
[QUOTE="Sahan27, post: 27233206, member: 23355"] What has happened is variable income earners in the business class benefited from the inflation. specially the business class involve in various trades. many businesses benefited with the recent price hikes. personally I know people in Hardware , Spare parts , Tyre , Steel , Computer accessories , Food industries received huge profit margins thanks to the price hikes. when they increase the price for their products / services despite of the industry they keep much higher profit margins (Lankans right , do you think anyone keep same profit margin or lower one :P) not only that the Manufacturers offer attractive discounts , free issues and many cash incentives to retailers and wholesalers to push the product to the market with higher prices. what we see in the media is the suffering of the people who are earning fixed income or involve in informal economic activities. at least 5% of people benefited from this hyper inflation. as well as the billions of money printed by CBSL injecting to the circulation via banks and other financial institutions. eventually the increasing demand for the imported luxury items again depreciate the rupee against the dollar. [/QUOTE]
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