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Jul 13, 2022

Where is “broad-based” inflation headed?

Which price surges will last? Plus, how public transit systems are staying afloat, and why the U.S. doesn’t have the best sunscreens.

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MIAMI, FLORIDA - JULY 13: Michael Mangaroo shops at Shell Lumber and Hardware home improvement store on July 13, 2022 in Miami, Florida. The Bureau of Labor Statistics reported that the consumer price index soared to 9.1%, marking the fastest pace for inflation since November 1981.
MIAMI, FLORIDA - JULY 13: Michael Mangaroo shops at Shell Lumber and Hardware home improvement store on July 13, 2022 in Miami, Florida. The Bureau of Labor Statistics reported that the consumer price index soared to 9.1%, marking the fastest pace for inflation since November 1981.
Joe Raedle/Getty Images

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Where is “broad-based” inflation headed?