What Is the Best Hedge Against Inflation? 5 Investments to Consider
Inflation is soaring and commodity prices are increasing. Consumers are feeling the pinch as the cost of living continues to rise. So, keep your guard up. Inflation is a sneaky thief that can steal hard-earned money from your wallet. The Consumer Price Index (CPI) measures the average change in prices of consumer goods and services purchased by households. It has risen 8.6% in May — an increase that has been even greater than economists predicted. Incidentally, this is the highest increase since 1981 . Three factors have contributed to this: higher oil prices, increased commodity prices, and low unemployment, which has led to increased wages. Inflation is not a new phenomenon
What Is the Best Hedge Against Inflation? 5 Investments to Consider
Inflation is soaring and commodity prices are increasing. Consumers are feeling the pinch as the cost of living continues to rise. So, keep your guard up. Inflation is a sneaky thief that can steal hard-earned money from your wallet. The Consumer Price Index (CPI) measures the average change in prices of consumer goods and services purchased by households. It has risen 8.6% in May — an increase that has been even greater than economists predicted. Incidentally, this is the highest increase since 1981 . Three factors have contributed to this: higher oil prices, increased commodity prices, and low unemployment, which has led to increased wages. Inflation is not a new phenomenon