CNN Early Start With Christine Romans and Laura Jarrett June 4, 2024 09:35:00
Inflation is being temporarily boosted by base effects as the sharp pandemic-related price increases from last spring drop out of the 12 month calculation. in addition, strong demand in sectors where production bottlenecks or other supply constraints have limited production has led to especially rapid price increases for some goods and services. which should partially reverse as the effects of the bottlenecks unwind. >> he makes a good point that there is a mathematical quirk. remember the whole bottom fell out of prices last year and now they bounce back and so it looks more dramatic. but tem...
Source: archive.org