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Wolf Street

Fuel for the 2nd Wave of Inflation: Import Prices of Manufactured Goods, Driven by Computers & Electronic Products

Objectivity score: 59
The first shock was due to the supply-chain chaos in 2021 through 2022. The second shock is now, it’s huge, and it’s due to the AI investment boom. By Wolf Richter for WOLF STREET. The US imports about $3.3 trillion worth of goods a year currently, and so import prices matter to inflation in the US. Import prices had exploded during the first wave of inflation in 2021 through early 2023 amid the s...
Fuel for the 2nd Wave of Inflation: Import Prices of Manufactured Goods, Driven by Computers & Electronic Products | Huntaegis