As the second-quarter earnings season gets underway, more and more companies are reporting that they are facing logistics and supply issues. This has caused an increase in prices for their raw materials, which many are passing on to their customers. Several companies have stated that they expect prices to continue to rise for the remainder of the year. However, others have refused to provide guidance due to uncertainty. PMIs give us some insight as to how inflation is evolving and could trend in the future, as businesses evaluate their purchasing strategy. Expectations of higher prices could lead businesses to “front ... (full story)