It's a scary top-line number, but it should be kept in mind that inflation last June was 0.6% [0], exceptionally low, as a side effect of the pandemic and quara

It's a scary top-line number, but it should be kept in mind that inflation last June was 0.6% [0], exceptionally low, as a side effect of the pandemic and quarantine. So I think a lot of this supposed inflation is a transient effect of the statistics re-equilibrating after an extraordinary and unprecedented year of economic numbers in 2020. [0] https://www.usinflationcalculator.com/inflation/current-inflation-rates/ https://www.usinflationcalculator.com/inflation/current-infl...