Inflation Report: 11 Jan 2023

Finally there is a sense of relief.

The US inflation is just on a some-what downward spiral.

It's almost as if we peaked at a whopping 9.1% and now dropping to around 6%.

And let's not forget all our friends abroad, like Germany where it's dropped from 10. 4 in October down to 8.6%,

UK dropping from 11.1% slightly down to 10.7%,

Canada's 8.1 dropped to 6.8%,

France's steady 6.2%,
and China's decent1.6%.

And let's not forget our lekker country, South Africa where inflation has also dropped from 7.8% down to 7.4%.

It's just too bad all these numbers are due to supply chain issues, war, and food shortages.

But it looks like we have potentially seen the end of The Great Inflation - and now things should start to settle.

Your thoughts?

Trade well, live free
Timon
(Trader since 2003)