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The change really should be view on a 2 year basis as 2020 was an aberration in the other direction. However, exactly what part is here for good and what is tr
by beezle 5y ago
The change really should be view on a 2 year basis as 2020 was an aberration in the other direction. However, exactly what part is here for good and what is transitory is next to impossible to guess.
Are food prices up because of increase in cost of production? Drought? Transport costs? Will trucking companies be able to hire new workers to replace the long cycle of retirement? Will ports and other hubs stop being bottlenecks so that companies do not hoard/excessively preorder? How much is from reduced competition as companies finally make use of the scale from the merger frenzy of the past decade? No simple, single explanation.
- WalterBright 5y agoIt'd probably be worse on a 2 year basis. I'm seeing prices having risen much more than 9%.