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Supply Chain Problems Continue as Inflation Jumps In February

Overall, the Consumer Price Index is up 0.8 percent in February, 7.9 percent year-over-year. The core is up 0.5 percent, 6.4 percent year-over-year. February data indicate supply chain issues are still huge. The war, and the resulting rise in energy an…

Overall, the Consumer Price Index is up 0.8 percent in February, 7.9 percent year-over-year. The core is up 0.5 percent, 6.4 percent year-over-year. February data indicate supply chain issues are still huge. The war, and the resulting rise in energy and other commodity prices, are creating huge uncertainty going forward. Disruptions also will complicate supply More

The post Supply Chain Problems Continue as Inflation Jumps In February appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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