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Supply chains are healing, so why is inflation still so high?

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Supply chains are healing. Shipping costs have plummeted. Commodity prices have fallen sharply. The congestion that clogged the oceans has dissipated. But prices remain stubbornly high. U.S. Consumer Price Index numbers for September came in hotter than expected this week. “Despite a pullback in gasoline costs … price pressures showed little sign of subsiding,” wrote […]

The post Supply chains are healing, so why is inflation still so high? appeared first on The Black Chronicle.

Source: Homepage news - The Black Chronicle

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