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June 17, 2022 | Has Inflation Peaked?

Robert Campbell

Robert Campbell is a real estate analyst and economist. He's been publishing The Campbell Real Estate Timing Letter since 2002. His book (Timing the Real Estate Market) presents a clearly defined method for predicting the peaks and valleys of real estate cycles.

 

Producer Price Index (PPI) readings for May 2022 are shown in Table B above.

Observe that the highlighted column on the right is about double that of the highlighted column on the left – and it’s been that way for the last 12 months.

Because it takes a while for rising costs to work their way through the pipeline, this means that when unprocessed goods are turned into processed goods, consumer prices will be even higher

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