Analysis by Region - North America - US

Analysis by Region - North America - US

There are signs that the 8.5 percent inflation rate in March marks the peak of the inflation cycle. A lot depends on oil and food prices, which are held hostage by the war in Ukraine, as well as spreading Covid lockdowns in China, which may prolong supply-chain shortages. Core consumer prices are already moderating, but a sharp drop in used car prices heavily influenced the slowdown in March.


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