/Heresy Financial: Inflation for Producers Sets All Time Record

Heresy Financial: Inflation for Producers Sets All Time Record

July saw an all-time record increase in producer price inflation year over year. This comes alongside forecasts that inflation has peaked. July also saw a slow-down in consumer price inflation, but we’ve also started to see more issues with ports in China that could cause further supply chain disruptions as we enter into a high-consumption season in the States.