Consumer Price Index significantly undercounts price rises, especially of homes and automobiles

13 commodities below

are year to date price changes, 

as of close of business,

on Friday May 7, 2021:

The Bloomberg Commodities Index 

 has already gained +20% this year. 

Lumber +93% 

WTI Crude 34%, 

Gasoline 51%, 

 

Copper 35%, 

Aluminum 26%, 

Steel Rebar 32%, 

 

Corn 51%, 

Soybeans 22%, 

Wheat 19%, 

 

Coffee 18%, 

Sugar 13%, 

Cotton 15%, 

 Lean Hogs 59%.