Latest Breaking News On - Auto production - Page 45 : comparemela.com

have been responsible for these high inflation prints in recent months, they all relate to the pandemic. so in june inflation went up almost a percent, which is a lot for one month. but if you take out the pandemic-related sectors, especially autos which is related to a global shortage of semiconductors but also hotels and airfares and some of the other things, kind of face-to-face services coming back online, that almost 1% goes down to 2%. so the lion share of the price pressures we are seeing are coming from temporary supply constraints, and the question is are they easing, when will they ease. take lumber. it is kind of a classic example. it feeds right into housing cost. that shot through the roof. it is now down 60%. so it is moving in the right direction. take semiconductors and auto production, intimately linked. we are starting to see perhaps a rollover at the top of that series as well. there s a used car index that

Price pressuresSupply constraintsHousing costTake lumberCar indexAuto production