Inflation is rising but the reasons why are changing

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Inflation is rising but the reasons why are changing
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Even as the economy returns to something closer to normal, inflation remains unrelentingly high. And as the recovery gathers steam, the items that are driving inflation up are changing.

A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here.New York / London

Since then, prices for some pandemic favorites — such as lumber — have leveled off. But even as the economy returns to something closer to normal, inflation remains unrelentingly high.It's a dramatic change from the pre-pandemic state of affairs and another example of how the coronavirus crisis is reshaping the economy and everyday life.

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