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Economy

progree

(11,493 posts)

2. An example of inflation that WON'T be in tomorrow's report because it occurred in March:

Reply to mahatmakanejeeves (Original post)

Wed Mar 9, 2022, 09:02 PM

Mar 2022

mostly. Prices are gathered throughout a given month, they aren't "end of month" prices

https://www.democraticunderground.com/111692731

Commodities soar as war builds anxiety over supply shortages, Bloomberg, 3/4/22

... The interruption of shipments from the world's top wheat exporter (Russia), and the world's 6th-largest exporter (Ukraine) - which together account for over 30% of global wheat exports - has pushed commodity prices for the key grain to record highs.

Raw materials more broadly are on a tear this week - with aluminum up 13%; Brent crude oil, 15%; corn, 17%; and wheat, a whopping 41%.

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CPI preview: Consumer prices likely set fresh 40-year high [View all] mahatmakanejeeves Mar 2022 OP

out of control inflation was a major contributor to the nazi takeover of germany nt msongs Mar 2022 #1

And inflation brought us Ronald Reagan as much as anything else did The Mouth Mar 2022 #3

An example of inflation that WON'T be in tomorrow's report because it occurred in March: progree Mar 2022 #2