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Inflation is not Transitory : CISCO said shortages will disrupt supply chains for rest of year

May 20, 2021 | Inflation, Thematic, USA

The supply chain squeeze being felt across many parts of the manufacturing sector is set to hit profit margins at Cisco Systems in the current quarter.

The warning wiped nearly 6% from Cisco’s shares in after-market trading, despite stronger than expected financial results from its last quarter.

For companies that can’t pass through end clients any price increase, inflation will bit their margin…

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