Pantheon Macroeconomics

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9th Mar 2022 00:20U.S., Daily Monitor

  • Some of the huge spike in food commodity prices will work its way into the CPI, but not much...
  • ...U.S. consumers buy processed food, and most of the price is labor; it's different in emerging markets.
  • A drop in JOLTS job openings in January would be a good thing, signalling rising labor supply.

commodities commodity prices cpi election emerging markets food prices gas prices gasoline headline CPI January job openings labor labor market March nfib survey profit margins stock prices u.s. us

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Keywords for: Food Inflation Likely will Rise, but by Less than you Might Think

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