The latest warehouse data are showing signs that inflation could come back with a vengeance this year.
As U.S. markets await the latest release of the Consumer Price Index (CPI) on Feb. 12, logistics managers are warning of growing signs of inflationĀ in the supply chain, which may financially hurt consumers.
The CPI for December saw the smallest year-over-year increase since October 2021, atĀ 6.5 percent inflation on an annual basis, after reaching a 9.1 percent high last June.
Over the past year, many of the key causes of supply-chain inflation, such as high freight and fuel costs, which led to a spike in consumer prices, have declined dramatically….