At some point this will get really ugly people will freak out.
Grocery inflation jumps 10.0% in March vs. the February rate of +8.6%.
Cereals and Bakery Products +9.4%, Meats, Poultry, Fish, and Eggs were +13.7%
Dairy and Related Products were +7.0% Fruits and Vegetables were +8.5%
Airfares in March skyrocketed 10.7% and are now at their highest point since the pandemic began.
Shelter inflation 5.0% Y/Y in March vs 4.7% in Feb, and the highest since May 1991
Rent inflation 4.44% Y/Y in March vs 4.17% in Feb, and the highest since May 2007
The household furnishings and operations index rose 1.0%, the eighth consecutive increase
The index for new vehicles increased 0.2 percent in March after rising 0.3 percent the previous month.
The index for communication was also among those few indexes which declined over the month, falling 0.5 percent
[
link to www.zerohedge.com (secure)]