Commodity costs are surging.

Global Food Prices · year-over-year

Food: 30.20% — Food costs are rising 30.2% a year — acute pressure on households.

Copper · “Dr. Copper”

Copper: $13,484 — Copper is up 41% from a year ago, now 13,484.

Broad Commodities · year-over-year

Commodities: 0.80% — The broad commodity index is rising 0.8% a year.