BofA warns food-at-home CPI could surge to 10% over next 6 months, PPI to 12%

Bank of America warns that US food-at-home CPI could surge to 10% over the next six months, up from low single digits today, citing surging diesel prices (+68% in September vs +46% in August), rising commodities (+15.2%) and higher wage trends, with PPI potentially accelerating to 12% in four months.

Detected & updated continuously · Source: Nebula