The March inflation figure issued yesterday in the Bureau of Labor Statistics (BLS) Consumer Price Index (CPI) showed yet another new high, rising 8.5% annually, and marking its biggest percentage gain going back to 1981. If this trend had not already been occurring then, yes, it would be surprising or cause some sort of head-fake, but that is not the case, as it is something we have been seeing, and dealing with for a while now. What’s more, the March tally topped February’s 7.9% CPI reading, when excluding food and energy prices. While gains, in most instances, are generally viewed as a good thing, it clearly does not apply in this case.
Source: logistics Mgmt
Impact of inflation on logistics remains problematic and requires planning and patience
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