Just how much inflation is the world facing?

[PTI-Zindabad]

I thought I would just share some stats for everyone's benefit. Can post periodic updates:

Commodity	Increase %
Wheat and Flour	37.0%
Wheat, Pasta Grade	84.0%
Oats #2	98.6%
Corn US National	44.0%
Sugars and Sweeteners	26.3%
Sugar, World Spot	31.4%
Cocoa Powder	7.5%
Oil - Corn Oil Crude	31.5%
Oil - Canola Oil	63.7%
Oil - Palm Oil Refined	50.1%
Oil - Soyabean Oil Crude	86.4%
Oil - Coconut Oil	36.2%
Oil - Sunflower Oil	31.7%
Dry Milk Non-Fat	27.2%
Liquid Eggs	32.4%
Dry Milk Whole	13.8%
Protein - Beef Lean Fresh 50%	141.6%
Protein - Chicken Canada Live <1.4KG	15.7%
Protein - Chicken Boneless Breast	39.5%
Protein - Turkey Whole <6.2KG	12.0%
Protein - Salmon Farm Bred Norwegian	29.7%
Paperboard, Bleached Kraft	12.2%
Paperboard, Corrugating Medium	19.1%
Packaging - LLDPE	47.3%
Packaging - HDPE	43.2%
Packaging - Aluminum Cans	9.9%
Packaging - Polyproplene	80.6%
Packaging - PT / Bottle Resin	29.8%
Packaging - Plastics Materials & Resins	39.1%
Packaging - Steels Cans	11.3%
Freight - General Inland Trucking	20.6%
Raw Material - Steel Stainless, Cold Rolled	55.2%
Raw Material - Steel, Cold Rolled	134.9%
Raw Material - Polyester Fiber	27.2%
Raw Material - Wood Pulp, China, Softwood	27.2%
Raw Material - Silicone Resin	34.4%
Raw Material - Copper	39.1%
Raw Material - Cotton Spun Yarn	41.0%
Chemicals - Petrochemicals	90.4%
Chemicals - Others	22.4%
Freight - Ocean Freight	694.0%

There are so many indices that I'm not even tracking e.g. potato, potash, rice, natural gas, etc, yet the above should be alone to tell you the extent of super-inflation the world is witnessing as a collective. I feel sorry for the folks who think somehow blaming present governments the world over is actually assigning meritorious blame. Thankfully, this too will pass inshallah.

 

[miafridi]

Thank you for the effort. Kindly include the source(s) as well if possible.

 

[PTI-Zindabad]

Thank you for the effort. Kindly include the source(s) as well if possible.

Yup, that is next on the agenda for me. Just compiled today, and links to follow :)

A lot of them come from IHS Markit, so not sure how much I will be able to share other than perhaps taking some snaps.

 

[Citizen X]

It is getting expensive everywhere, friends in Canada, USA, UK, Turkey all saying the same thin. I myself think twice before buying anything out of the required essentials when grocery shopping. Even some staples are getting out of reach, like mutton. It's ridiculously expensive nowadays.

 

[MS pakistani]

China zindabad, apun hr chez usi rate pay lay rha hu jo corona say pehlay tha, utility bills say lekr all necessary items same rate as 2019. Fu** demonocracy. Chinese system is the best.

 

[Masud Rajaa]

I thought I would just share some stats for everyone's benefit. Can post periodic updates:

Commodity	Increase %
Wheat and Flour	37.0%
Wheat, Pasta Grade	84.0%
Oats #2	98.6%
Corn US National	44.0%
Sugars and Sweeteners	26.3%
Sugar, World Spot	31.4%
Cocoa Powder	7.5%
Oil - Corn Oil Crude	31.5%
Oil - Canola Oil	63.7%
Oil - Palm Oil Refined	50.1%
Oil - Soyabean Oil Crude	86.4%
Oil - Coconut Oil	36.2%
Oil - Sunflower Oil	31.7%
Dry Milk Non-Fat	27.2%
Liquid Eggs	32.4%
Dry Milk Whole	13.8%
Protein - Beef Lean Fresh 50%	141.6%
Protein - Chicken Canada Live <1.4KG	15.7%
Protein - Chicken Boneless Breast	39.5%
Protein - Turkey Whole <6.2KG	12.0%
Protein - Salmon Farm Bred Norwegian	29.7%
Paperboard, Bleached Kraft	12.2%
Paperboard, Corrugating Medium	19.1%
Packaging - LLDPE	47.3%
Packaging - HDPE	43.2%
Packaging - Aluminum Cans	9.9%
Packaging - Polyproplene	80.6%
Packaging - PT / Bottle Resin	29.8%
Packaging - Plastics Materials & Resins	39.1%
Packaging - Steels Cans	11.3%
Freight - General Inland Trucking	20.6%
Raw Material - Steel Stainless, Cold Rolled	55.2%
Raw Material - Steel, Cold Rolled	134.9%
Raw Material - Polyester Fiber	27.2%
Raw Material - Wood Pulp, China, Softwood	27.2%
Raw Material - Silicone Resin	34.4%
Raw Material - Copper	39.1%
Raw Material - Cotton Spun Yarn	41.0%
Chemicals - Petrochemicals	90.4%
Chemicals - Others	22.4%
Freight - Ocean Freight	694.0%

There are so many indices that I'm not even tracking e.g. potato, potash, rice, natural gas, etc, yet the above should be alone to tell you the extent of super-inflation the world is witnessing as a collective. I feel sorry for the folks who think somehow blaming present governments the world over is actually assigning meritorious blame. Thankfully, this too will pass inshallah.

What is the source of these stats?

 

[PTI-Zindabad]

What is the source of these stats?

IHS Markit mostly - it's a subscription service that most large companies use to follow commodity markets.

 

[Masud Rajaa]

IHS Markit mostly - it's a subscription service that most large companies use to follow commodity markets.

you should provide source when you post content

so we know its legit.