Energy and fuel were among the top contributors to inflation this past year, with used cars, electricity and food all enhancing the tensions surrounding inflation.

 Transportation costs have become a growing contributor to inflation, as the vast majority of food, produce, and basic consumer goods are transported using gasoline and diesel.The summer months are expected to be especially challenging for shippers and consumers, as the historically demanding summer months drive fuel prices even higher. Optimistically, the enormous rise in inventories is expected to ease inflation over the next few months, as an over supply of materials and finished products are expected to fall in price.

Sources: EIA, BLS, Labor Dept.

Print Version: Tracking Inflation June 2022

PlanRock offers investment due diligence services for Investment professionals. PlanRock offers Exchange Traded Funds on the New York Stock Exchange. See prospectus for more details. Please contact 800-677-6025 or go to www.PlanRock.com for more information about how we can help you reach your goals.
© PlanRock Investments, LLC. The content above is available for use only by authorized subscribers, clients and where permissible as such. This content is not authorized for resale. Past performance does not guarantee future results. The sources we use are believed to be reliable, but their accuracy is not guaranteed.