I thought I would just share some stats for everyone's benefit. Can post periodic updates:
There are so many indices that I'm not even tracking e.g. potato, potash, rice, natural gas, etc, yet the above should be alone to tell you the extent of super-inflation the world is witnessing as a collective. I feel sorry for the folks who think somehow blaming present governments the world over is actually assigning meritorious blame. Thankfully, this too will pass inshallah.
| Commodity | Increase % |
|---|---|
| Wheat and Flour | 37.0% |
| Wheat, Pasta Grade | 84.0% |
| Oats #2 | 98.6% |
| Corn US National | 44.0% |
| Sugars and Sweeteners | 26.3% |
| Sugar, World Spot | 31.4% |
| Cocoa Powder | 7.5% |
| Oil - Corn Oil Crude | 31.5% |
| Oil - Canola Oil | 63.7% |
| Oil - Palm Oil Refined | 50.1% |
| Oil - Soyabean Oil Crude | 86.4% |
| Oil - Coconut Oil | 36.2% |
| Oil - Sunflower Oil | 31.7% |
| Dry Milk Non-Fat | 27.2% |
| Liquid Eggs | 32.4% |
| Dry Milk Whole | 13.8% |
| Protein - Beef Lean Fresh 50% | 141.6% |
| Protein - Chicken Canada Live <1.4KG | 15.7% |
| Protein - Chicken Boneless Breast | 39.5% |
| Protein - Turkey Whole <6.2KG | 12.0% |
| Protein - Salmon Farm Bred Norwegian | 29.7% |
| Paperboard, Bleached Kraft | 12.2% |
| Paperboard, Corrugating Medium | 19.1% |
| Packaging - LLDPE | 47.3% |
| Packaging - HDPE | 43.2% |
| Packaging - Aluminum Cans | 9.9% |
| Packaging - Polyproplene | 80.6% |
| Packaging - PT / Bottle Resin | 29.8% |
| Packaging - Plastics Materials & Resins | 39.1% |
| Packaging - Steels Cans | 11.3% |
| Freight - General Inland Trucking | 20.6% |
| Raw Material - Steel Stainless, Cold Rolled | 55.2% |
| Raw Material - Steel, Cold Rolled | 134.9% |
| Raw Material - Polyester Fiber | 27.2% |
| Raw Material - Wood Pulp, China, Softwood | 27.2% |
| Raw Material - Silicone Resin | 34.4% |
| Raw Material - Copper | 39.1% |
| Raw Material - Cotton Spun Yarn | 41.0% |
| Chemicals - Petrochemicals | 90.4% |
| Chemicals - Others | 22.4% |
| Freight - Ocean Freight | 694.0% |
There are so many indices that I'm not even tracking e.g. potato, potash, rice, natural gas, etc, yet the above should be alone to tell you the extent of super-inflation the world is witnessing as a collective. I feel sorry for the folks who think somehow blaming present governments the world over is actually assigning meritorious blame. Thankfully, this too will pass inshallah.
