European Union

Key Goods Inflation Measures Waning - Infographic

Key goods inflation measures appear to be waning as supply chain index, transportation backlogs, and transportation costs fall from recent highs.

10/10/2022

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Fisher Investments Ireland Limited is a private limited company incorporated in Ireland that trades under the name Fisher Investments Europe (“Fisher Investments Europe”). Fisher Investments Ireland Limited and its trading name Fisher Investments Europe are registered with the Companies Registration Office in Ireland under numbers 623847 and 629724. Fisher Investments Europe’s registered address is: 2 George’s Dock, 1st floor, International Financial Services Centre, Dublin 1, D01 H2T6 Ireland. Fisher Investments Europe is regulated by the Central Bank of Ireland (“CBI”). Fisher Investment Europe’s parent company is Fisher Investments (FI), a U.S. investment adviser registered with the Securities and Exchange Commission. As of 31 August 2022, FI and its subsidiaries managed or sub-managed $172 billion. FI and its subsidiaries maintain four principal business units - Fisher Investments Institutional Group (FIIG), Fisher Investments Private Client Group (FIPCG), Fisher Investments International (PCGI), and Fisher Investments 401(k) Solutions Group (401(k) Solutions). These groups serve a global client base of diverse investors including corporations, public and multi-employer pension funds, foundations and endowments, insurance companies, healthcare organisations, governments and high-net-worth individuals. FI’s Investment Policy Committee (IPC) is responsible for investment decisions for all investment strategies.

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  1. Top Left Source: FactSet, as of 30/06/2022. Global CPI data shown as the GDP-weighted year-over-year change in most recent available CPI data for the top 30 countries by GDP, as of 31/12/2021. Global Supply Chain Pressure Index, monthly, 01/01/1998 – 30/06/2022.
  2. Bottom Left Source: FactSet, as of 08/09/2022. Percent change of daily closing prices since 2021 – 2022 peaks of natural gas (Henry Hub spot price, peak 17/02/2021), unleaded gasoline (S&P GSCI unleaded gasoline spot price, peak 06/06/2022), eggs (large, white, USDA, cost per dozen, peak 25/07/2022), soft red wheat (peak 17/05/2022), Crude Oil Brent Global Spot Intercontinental Exchange (peak 08/03/2022) and milk (grade A, peak 14/02/2022) through 07/09/2022.
  3. Top Center Source: FactSet & Institute for Supply Management, monthly, 31/12/2019 – 31/08/2022.
  4. Bottom Center Source: Marine Exchange of Southern California, 01/09/2020 – 06/05/2022
  5. Right Top Source: FactSet, daily, 31/12/2016 – 31/08/2022.
  6. Right Bottom Source: Freightos, China/East China to US West Coast, 01/09/2020 - 10/05/2022.