Articles by tag: inflations rates
In the chaotic landscape of the global economy, the recent Consumer Price Index (CPI) reports have offered a small glimmer of hope. Data suggests that the stringent measures taken to combat the inflationary highs of 2022, which peaked at 9.1%, are beginning to bear fruit. Inflation in the United States eased to a multiyear low […]
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Inflation Rates Ease, But Long-Term Contracts Keep Prices High
With inflation rates easing and shipping costs dropping along with several commodities (not eggs), consumers may be wondering why they haven’t seen a noticeable price difference yet. Blame it on supplier contracts. A typical procurement practice is shoring up supplier contracts in advance, which means prices could hold for several months. The longer high prices […]