Has Inflation Peaked?


               Producer Price Index (PPI) readings for May 2022 are shown in Table B above.

               Observe that the highlighted column on the right is about double that of the highlighted column on the left – and it’s been that way for the last 12 months.


              Because it takes a while for rising costs to work their way through the pipeline, this means that when unprocessed goods are turned into processed goods, consumer prices will be even higher




                                  September 17, 2022 Seminar


                              “How I Stopped Worrying

                        and Learned to Love Inflation”