Major issue beneath headline: food component of CPI #inflation rose by 11.4% y/y in August, up from +10.9% prior and fastest rate since April 1979..
https://twitter.com/LizAnnSonders/status/1569666246999678979
RE: Major issue beneath headline: food component of CPI #inflation rose by 11.4% y/y in August, up from +10.9% prior and fastest rate since April 1979..
OK, that is the observation. What is CAUSING THIS?