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When the U.S. consumer price index for April rose 4.2 percent year over year, a chorus of experts expressed concern that rising inflation could crush the green shoots of growth in the economy. But as far as the travel sector goes, a little inflation could be a good thing.
“It’s critical to look beyond the headline inflation number which aggregates the price changes of many different goods and services to understand what is truly driving the index,” said Seth Borko, Senior Research Analyst at Skift Research. “Looking under the hood, we find sources of both ‘good’ and ‘bad’ inflation.”