A CarMax lot in Gaithersburg, Maryland, holds hundreds of used vehicles on April 12. Supply chain disruptions have led to shortages of new and used vehicles that have driven up inflation, but there are signs that inflation in the United States has peaked or is near peaking. Photo: AFP
A CarMax lot in Gaithersburg, Maryland, holds hundreds of used vehicles on April 12. Supply chain disruptions have led to shortages of new and used vehicles that have driven up inflation, but there are signs that inflation in the United States has peaked or is near peaking. Photo: AFP
Clara Cheong
Opinion

Opinion

Macroscope by Clara Cheong

March data shows US inflation woes could soon be at an end

  • Even as the conflict in Ukraine continues and weighs on global markets, there are signs US inflation has peaked or will soon peak
  • Energy and food inflation are high but there is good reason to believe the worst is over

Clara Cheong
Clara Cheong

Updated: 9:00pm, 15 Apr, 2022

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A CarMax lot in Gaithersburg, Maryland, holds hundreds of used vehicles on April 12. Supply chain disruptions have led to shortages of new and used vehicles that have driven up inflation, but there are signs that inflation in the United States has peaked or is near peaking. Photo: AFP
A CarMax lot in Gaithersburg, Maryland, holds hundreds of used vehicles on April 12. Supply chain disruptions have led to shortages of new and used vehicles that have driven up inflation, but there are signs that inflation in the United States has peaked or is near peaking. Photo: AFP
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