The only way is up: corporate chiefs warn on prices

Yahoo!Finance/Siddharth Cavale and Anthony Deutsch – Reuters/10-21-2021

graphic image of a red flag waving“Shortages of workers, fuel, cargo ships, semiconductors and building materials as the global economy bounces back after pandemic lockdowns have companies from electric car makers to chocolatiers scrambling to keep a lid on costs.”

USAGOLD note: Long before inflation began showing up in the Consumer Price Index, business leaders and purchasing managers were waving a red flag on price increases. Eventually the increases they predicted were to passed along to consumers by necessity. It is for that reason, that we should probably give special consideration to reports like the one linked above.

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