If it develops according to the current trend, the US CPI will “return to 4 and exceed 5”?

In the past four months, the month-on-month increase in U.S. CPI has never been less than 0.3% (0.3% in December and January last year, and further reached 0.4% in February and March). So, if CPI continues to show this resilience, how will U.S. inflation develop during the year? The forecast chart from research company Bespoke shows that if the month-on-month increase in U.S. CPI continues to remain at 0.3%, the year-on-year CPI is expected to return to the “4th era” by the end of the year, and if it remains at 0.4%, the year-end inflation may even reach the “5th era.” threshold. In view of the current surge in commodities that continues to add pressure for price recovery, the risk of “secondary inflation” in the United States cannot be underestimated.

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