Ways to Spot Inflation
Over printing of money.
Any country that is printing money Wich is more that the expanding economy will come across inflation.
Price of Commodities.
Keeping a eye on the supply chains will give a good look in to spoting future inflation.
Because the price of commodities will be reflected in the end product in the shelves.
A good example today is the increase price of lumber can be seen in the construction industry in America because the new house that are been built have reflected the prices.
Commodities like Oil or things like electric, water, gas prices will effectively effect all sectors of the market because of the prominent nature of them in day today life.
Metals in the commodity market is going high these days. Will this be reflected in the consumer markets in the coming few months?
There are lot of articles and chatter around social media and in the News about inflation. Everyone is saying it's coming.
Sellers now have the ability to increase prices just because everyone is expecting it.