Inflation pauses in August, but it will accelerate as Covid cases decline
4 min readSep 15, 2021
Once the current virus spike subsides, inflation will flare up even after the supply chain issues are resolved.
The Bureau of Labor Statistics just released the Consumer Price Index (CPI) for August. The number was .3%, which is the smallest monthly increase since January. That means consumer prices have increased by 5.3% since last…