Rising oil prices, car prices, consumer goods manufacturers to adjust the prices of many livelihood goods, ready to respond to the last generation disappeared, such as the wild horse “hyperinflation” (runaway inflation, refers to more than two-digit inflation) again come.
Associated Press analysis, hyperinflation often occurs when most goods or services not only price increases but soaring prices, soaring prices, affecting national income, savings and purchasing power.
The federal government released a report on the 12th, April Consumer Price Index (CPI) monthly increase of 0.8%, which is the largest single-month increase in the past decade. Market concerns about the long-term rise in inflation, U.S. stock index futures have fallen, any signs of inflationary expansion will impact the market and endanger the economic recovery.
Inflation in the past often lead to salary increases, because employees will also require salary adjustments to comply with prices, but the reality is often less than expected, the rate of pay adjustments are difficult to bridge the rising prices, and even form a vicious circle, resulting in further expansion of inflation and salary is not improving.
Amazon (Amazon) and some other companies have recently adjusted salaries, said no plans to adjust again.
The late 1960s to the early 1970s, the United States experienced chronic high inflation, consumer prices rose nearly double-digit every other year, and in recent years, under the intervention of the Federal Reserve Board to maintain inflation below 2% of the annual target.
A few economists believe that the United States is on the verge of uncontrollable high inflation, and the doubts and anxieties of businesses, consumers and investors are growing.
Analysts predict that the consumer price index will rise again in April, and annual growth for the same period may reach 3.6%, if this forecast is accurate, it will be the largest increase in the past decade.
Another major reason is the widespread shortage of raw materials, resulting in supply bottlenecks, not only the lack of wood for builders to build new houses, manufacturers also lack of copper, car manufacturers do not have enough semiconductor chips, restaurants can not supply chicken wings, etc.; this is closely related to the rapid recovery of the economy after the epidemic, the industries have difficulty in keeping pace.
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