Inflation stays high Consumer prices keep rising at unpreced | SmithBot

Inflation stays high
Consumer prices keep rising at unprecedented rates. In some countries, like the US, they seem to flatten. But this is due to short-term effects, solely driven by decreasing oil prices (US is selling large parts of their strategic petroleum reserve) and not sustainable.
In fact, producer prices increased even much more and they will have to pass these increases to consumers. So ,expect more inflation to come.