With respect to those numbers, I remember this recent accusation of price-fixing across 2019-2021 [0] that might have an effect, although I also have reservations about how much to trust anything coming out of the rotting US Department of PresidentsPersonalLawyers these days.
The Iran war is for sure a huge part of that (just look at the energy cost inflation!), but other elements are a factor too. "Months ago" is really not that long when it comes to inflation.
Regressive consumer tax due to going to war with a country for no real reason
Shipping container rates were starting to stabilize, but the issues with the Straight have caused a 80%+ increase in the last few months.
https://www.drewry.co.uk/supply-chain-advisors/supply-chain-...
> Shipping container rates
With respect to those numbers, I remember this recent accusation of price-fixing across 2019-2021 [0] that might have an effect, although I also have reservations about how much to trust anything coming out of the rotting US Department of PresidentsPersonalLawyers these days.
[0] https://www.justice.gov/opa/pr/four-worlds-largest-container...
'No real reason' is the 2026 version of 'they hate our freedom'.
And gas prices
That was months ago. These days it's more likely to be from the Iran war and the Strait of Hormuz being closed, and what that did to energy prices.
The Iran war is for sure a huge part of that (just look at the energy cost inflation!), but other elements are a factor too. "Months ago" is really not that long when it comes to inflation.