Inflation is already double digits Year To Date in key areas, it's much higher than they are telling you.
Wheat up 43.51%
Soybean up 24.45%
lean Hogs up 22.57%
Corn up 31.03%
Cotton #2 up 21.66%
Aluminum up 16.49%
Nickel up 57.10%
WTI crude up 33.63%
heating oil up 46.25%
gasoline up 41.50%
nat gas up 79.09%
source - any competent stock futures website