Goldman Sachs says 42% of CPI basket has a 6-mth annualized inflation of above 6%

Goldman Sachs is not so sure inflation ahead will be falling any time soon.

Saying that 42% of the CPI basket now has a 6-month annualized inflation of above 6%.

On an encouraging note the decline in gas prices so far this month should be a weight on next month's CPI at least

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