Key Goods Inflation Measures Waning Infographic

Key goods inflation measures appear to be waning as supply chain index, transportation backlogs, and transportation costs fall from recent highs.

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1. Top Left Source: FactSet, as of 06/30/2022. Global CPI data shown as the GDP-weighted year-over-year change in most recent available CPI data for the top 30 countries by GDP, as of 12/31/2021. Global Supply Chain Pressure Index, monthly, 01/01/1998 – 06/30/2022
2. Bottom Left Source: FactSet, as of 09/08/2022. Percent change of daily closing prices since 2021 – 2022 peaks of natural gas (Henry Hub spot price, peak 02/17/2021), unleaded gasoline (S&P GSCI unleaded gasoline spot price, peak 06/06/2022), eggs (large, white, USDA, cost per dozen, peak 07/25/2022), soft red wheat (peak 05/17/2022), Crude Oil Brent Global Spot Intercontinental Exchange (peak 03/08/2022) and milk (grade A, peak 02/14/2022) through 09/07/2022.
3. Top Center Source: FactSet & Institute for Supply Management, monthly, 12/31/2019 – 08/31/2022.
4. Bottom Center Source: Marine Exchange of Southern California, 09/01/2020 – 05/06/2022.
5. Right Top Source: FactSet, daily, 12/31/2016 – 08/31/2022.
6. Right Bottom Source: Freightos, China/East China to US West Coast, 09/01/2020 - 05/10/2022.