by rb109544
PPI flows down to CPI over about 3-6 months…supply chain worsens every day. Inflation hasn’t peaked and won’t until CPI catches PPI more or less. Look at far right on plots!
For the past 15 months, producer prices have soared relentlessly. Five months in a row of double-digit producer price inflation is quite something. And the breakout today is remarkable.
Inflation will hit all-time high by election day…
Airfare Prices 20% Above Pre-Pandemic
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