Inflation inches up, signaling prospect of extended Fed fight

The consumer price index last month rose more than anticipated, with gains in the cost of services staying stubbornly high.

Cost-Push, Demand-Pull, Easy-Money, Fiscal-Excess Inflation

U.S. current (March) inflation of +8.5% year over year for the Consumer Price Index (i.e., known as CPI-U, with the U signifying that it’s for urban consumers) is the highest this century. It’s more than four times greater than the +2.0% figure usually accepted as the desirable target. A little inflation is judged to be a good thing for the economy. By making it easier to pay off loans, it greases the wheels of industry.

Practical Engineering - Why Construction Projects Always Go Over Budget, 21032023

From preconstruction costs to inflation to unexpected site conditions, there are a lot of reasons construction budgets rarely align with construction costs.

Building Magazine - Market forecast, Inflation bites, 10022022

Latest UK Market Forecast of Building Cost. Tender Prices and Consumer prices from Michael Hubbard of Aecom, that were published in Building Magazine in February 2022. "As output rebounds, building costs are soaring at double-digit rates thanks to a variety of inflationary pressures, sending tender prices upward at the highest annual rate for several years. Inflation-adjusted wages, meanwhile, are falling in the face of rising consumer prices"