October 23, 2021

The World Stock Markets Tips & Targets, News, Views & Updates

The World Stock Markets Tips & Targets, News, Views & Updates

There is shadow inflation taking place all around us

Some amount of spending has experiences that are less satisfying which don’t necessarily show up in the inflation numbers

New York Times

October 11, 2021 / 07:39 PM IST

There is shadow inflation taking place all around us

Neil Irwin Inflation has surged in 2021, with various official measurements of consumer prices rising faster than they have in years. But in a crucial respect, the data may be understating things. Many types of businesses facing supply disruptions and labour shortages have dealt with those problems not by raising prices (or not by only raising prices), but by taking steps that could give their customers a lesser experience. A hotel room might cost the same as a year ago — but…

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