📈 U.S. inflation is heating up fast—and not in a good way.
The Manufacturing PMI input prices index surged to 80 points in May, the highest level since mid-2022.
That’s the sharpest monthly jump in input costs since June 2022.
Since February, the index has climbed +18 points—a pace last seen during the historic 2021–2022 inflation explosion. 🔥
🌍 What’s driving this? Iran War-related supply disruptions and spiking energy costs.
The fallout?
Surging input costs = more job losses + businesses raising prices on goods & services at the fastest rate since August 2022.
Meanwhile, U.S. manufacturing and services activity saw only modest growth in May, as rising prices continue to crush demand.
📉 The bottom line? Stagflation is accelerating. Brace for impact.
#InflationAlert #Stagflation #EconomyWarning
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