Food price spikes temporary, inflation likely to fall in 2022

Consumer prices have increased substantially in recent months. According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) for All Urban Consumers rose 7.0 percent for the 12 months ending December 2021, the largest increase since the 12-month period ending June 1982.1 The average pr...

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Bibliographic Details

Main Authors:	Glauber, Joseph W., Smith, Vincent H.
Format:	Informe técnico
Language:	Inglés
Published:	American Enterprise Institute 2022
Subjects:	economic situation inflation agriculture consumer prices food prices supply chain disruptions
Online Access:	https://hdl.handle.net/10568/141295