Greed Adjusted CPI up only 5.95%, not 8.5%

The Creative Investment Research Greed Adjusted Consumer Price Index increased at a 5.95% annual rate in March, 2022 before seasonal adjustment.
 
WASHINGTON - April 12, 2022 - PRLog -- The Creative Investment Research Greed Adjusted Consumer Price Index increased at a 5.95% annual rate in March, 2022 before seasonal adjustment. The index incorporates the desire and ability of firms to raise prices. The chart at the link below shows the Index on a Greed and Seasonally Adjusted Basis. The CPI increase has been driven by two factors:

1. Oil and energy prices
2. Corporate greed:

Without price gouging, our Greed Adjusted inflation rate is 0.84%. For the Non-Greed Adjusted CPI Index, increases in the indexes for gasoline, shelter, and food were the largest contributors to the seasonally adjusted all items increase. The gasoline index rose 18.3 percent in March and accounted for over half of the all items monthly increase; other energy component indexes also increased. The food index rose 1.0 percent and the food at home index rose 1.5 percent.

Our analysis suggests that the inflation spike is due to fear and greed-based labor and supply chain disruptions resulting from the unprecedented and ongoing COVID crisis. Thus, price increases are to be expected.

For more, see: https://www.impactinvesting.online/2022/04/consumer-price...

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Page Updated Last on: Apr 13, 2022
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