Interesting article in the WSJ today that provides a calculator that lets you pick products that are most important to you, to create a "personalized" inflation number. Not perfect, but good insight.
For me, it shows it shooting up like a rocket in 2021, and slowly coming down over the most recent months.
The biggest component of inflation that I see is energy prices. Everything uses energy to be created, mined, grown, transported, keep hot/cold, etc. When gasoline/diesel/NG is expensive, it gets baked into everything.
Want to keep inflation low? Keep energy prices low.
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