Page 11 - April 2023 Issue.indd

on consumers and businesses. Month at 9.1% and gasoline prices peaked at
to month inflation looks at inflation $5 per gallon. It is well established that ABEL
changes between two consecutive the cost of gasoline and diesel fuel has a

months. Month to month infl ation has significant impact on many items in the
been down for the past six months. BLS basket of goods and services. EnviroTech
When year over year infl ation reached Now fast forward to May of 2023 when
9.1% in June of 2022, month to month prices will be compared with May

inflation from May 2022 to June 2022 of 2022, one year ago. If we assume On-Site
was 1.4%, which sounds much better gasoline prices will be $4 at that time,
than 9.1%. But if inflation were to it will be about the same as it was last
continue at that rate for 12 months, that year, so gasoline prices would indicate • Sand Mounds
would be an astronomical increase of 0% inflation. But, move forward one
17% for 12 months. month to June of 2023 and compare with • Conventional in
June of 2022 when gas was $5 per gallon. Ground Systems
So, now that we have established how
If gas is $4 a gallon in May of 2023 it

these two inflation numbers are derived New and replacement
indicates a drop in inflation of 25%.
we can focus on the basis of my infl ation
CPI has actually turned to a negative • BAT Systems
predications. You have to read the

number, technically called deflation.
following slowly to follow my logic. I Best Prices – Best Values

have my fingers crossed that you can. This is an extreme example showing
how I anticipate inflation numbers will MDE 410-253-4324

First we need to go back in time 12
moderate or possibly even decline this listed 443-239-0854
months ago to May of 2022 when the CPI
year because prices were so high for
was 8.6% higher than May of 2021 and
much of 2022. If they do not, the Fed will Abel EnviroTech of Denton
gasoline prices at that time were about
have no incentive to pump the brakes
$4 per gallon. (I am only going to look
at gas prices for this example). In June
(continued on next page)
2022, one month later, infl ation peaked
Carpet Cleaning • Junk Removal
Carpet Cleaning • Junk Removal
House Pressure/Soft Washing
House Pressure/Soft Washing
Roof Washing
Roof Washing

Interior/Exterior Window Cleaning
Interior/Exterior Window Cleaning

Spring Special
10%

OFF ALL residential Carpet Cleaning &
Soft House Washes Exp. 4/30/23

7
0
410
410-443-6407 FREE Quotes
-44
4
3-6
info@baycountrycleaners.com
info@baycountrycleaners.com Mention this ad for
www.baycountrycleaners.com
www .baycountrycleaners.com 15% off
11