Inflation & Raw Material Prices

"While it is very early to say that the rise in inflation has passed, there are increasing signs that the fastest part of the rebound in inflation might be over soon," says Jeffrey Kleintop. He believes that the raw material prices have pulled back from the early May highs as supply chains for intermediate goods like semiconductors may be starting to improve.

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Inflation & Raw Material Prices

"While it is very early to say that the rise in inflation has passed, there are increasing signs that the fastest part of the rebound in inflation might be over soon," says Jeffrey Kleintop. He believes that the raw material prices have pulled back from the early May highs as supply chains for intermediate goods like semiconductors may be starting to improve.