Inflation Troubles, Now And Ahead
The article discusses the ongoing issues related to inflation and its potential future impact. It highlights how price changes in intermediate goods and services can lead consumer prices by several months. The author emphasizes the importance of data from the Bureau of Labor Statistics in understanding these trends.
- ▪Intermediate goods and services price changes lead consumer prices by a few months.
- ▪The Bureau of Labor Statistics has ample data to support this conclusion.
- ▪Understanding these trends is crucial for anticipating future inflation.
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