Look at the commodity prices from last year
Is this a sign of inflation in the coming year. we saw prices hiked from 70 to 80%
look at the commodity charts below
1. Coffee was around 95 in 2020 and the price now sitting at 160
We are expecting price rise to continue in the coming years
2. Milk was trading around 11 last year April
The price went up and touched 24, that was a 125% hike in just a matter of few months
We are expecting price rise to continue in the coming years up to 25 and above
3. Sugar
Price rose from 10 to 17 in a span of a year
We are expecting price rise to continue in the coming years, the price might cross the previous high of 23.45 and continue to rise higher
4. Wheat futures already trading at multi-year highs
Nothing new here we are expecting the same in the coming years we might see prices crossing above 900 level soon
