Inflation Charts
Supply chain weakness + production declines + rising uncertainty + rising expectations = inflation reality?
USDA dramatically lowers forecasted rapeseed production
Source: UFOP
Backlog of container ships in the US
Source: Bloomberg, IHS Markit, Genscape
Further Rise in Consumers’ Short- and Medium-Term Inflation Expectations
Source: New York Fed
Inflation spreads its wings
Sources: Wells Fargo. U.S. Commerce Department, Federal Reserve Bank of Dallas, Wells Fargo Investment Institute, August 27, 2021.