Wholesale-level inflation, via the Producer Price Index, is running in the 4 to 6 percent range in most developed economies.

FORBES: Government Conspiracy To Lowball Inflation?

We are starting to see consumer-level inflation, via the Consumer Price Index, creep up in various economies, but, to date, there has been a disconnect between the 4 to 6 percent wholesale-level inflation and the 1 to 2 percent consumer-level inflation.

FORBES: Government Conspiracy To Lowball Inflation?