Posted by A survey by KPMG found that 84pc of consumers have cut back on dining out and 78pc have reduced the amount they spend on clothing. The survey found that 74pc of consumers are also cutting back on DIY budgets. #retail #inflation #shopping https://t.co/a3fugdca5G
— Patrick Murphy (@murphyjpatrick) June 7, 2022
Commodity price changes over the last year…
Natural Gas: +176%
Heating Oil: +100%
Gasoline: +91%
WTI Crude: +70%
Cotton: +66%
Brent Crude +65%
Nickel: +55%
Wheat: +54%
Coffee: +48%
Soybeans: +11%
Sugar: +9%
US CPI: +8.3%
Corn: +8%
Copper: -1%
Gold: -2%
Silver: -21%
Lumber: -55%— Charlie Bilello (@charliebilello) June 2, 2022
https://www.moneycontrol.com/news/world/chips-shipping-fertilizer-hint-inflation-may-have-peaked-8649971.html
