Monthly Viewpoint – April 2022

28 June 2022

 Monthly Market review – Download Article

Inflation data in April continued the pattern of the past year, generally exceeding expectations, with price rises
becoming more broadly based and accelerating to multi-decade highs in the US and Europe. Strong demand,
supply chain shortages, and war in Ukraine have combined to push producer price inflation (PPI) in the US up by 11.2% in the year to March, and even stripping out food and energy prices, core PPI rose by 9.2%.

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