Thursday, 01 November 2018 10:40

Inflation is Coming

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(New York)

Inflation has been ticking higher, but it has not been high enough to cause real concerns. Despite this, the Fed has still been very hawkish, hiking rates several times. Well, that mild inflation may be about to change. Anecdotal evidence of corporate behavior shows that companies are increasingly passing along costs to consumers. In everything from soda to bleach to cookies, companies have been raising prices. Explaining the moves, the CEO of Mondelez says “The consumer environment is strong”. Prices across the supply chain have been rising, helping to drive higher pricing.


FINSUM: Consumer sentiment and spending is strong and this seems like the ideal environment in which to raise prices. Thus we think headline inflation is going to start to rise.

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