Us inflation unexpectedly broke in May, with food and energy as the two major "culprits", and from the latest signs, both food and energy are likely to continue to rise in the short term.

The retail price of gasoline in the United States rose to $5.004 a gallon, another all-time high, according to Wall Street yesterday. JPMorgan Chase & Co believes that by August, the retail price of gasoline in the United States could rise to $6.20 a gallon.

And in terms of food,Some large food suppliers and restaurant chains in the United States say they will continue to raise prices because of significant cost pressure.They include Kraft Heinz, North America's largest food company, and McDonald's Corp, a restaurant chain giant.

According to media reportsKraft Heinz informed its retail customers on Monday that it would be8Monthly price increaseProducts covered include Miracle Whip salad dressing, Classico spaghetti dressing, Maxwell House coffee products and some deli meats. Since 2019, Kraft has raised prices by nearly 14%.

From food companies to retailers to restaurants, many people have never seen such rapid inflation in their lives, with labour costs, packaging costs, food and transportation costs rising at an eye-popping rate. As a part of the chain, enterprises do not hesitate to choose to pass on the cost to consumers.

Tyson, the largest meat processor in the United States, said that in the three months to April 2The price of the company's beef products has gone up on averageThe company's costs rose 15% in the quarter due to increases in animal feed, freight and labor costs.

Chicken producer Sanderson Farm mentioned last monthAt the end ofThe company raised the price of its products by about 34% in the April 30 quarter.

Us CPI grew 8.6 per cent in May from a year earlier, the biggest increase since 1981. The energy price index rose 34.6% from a year earlier, the biggest year-on-year increase since September 2005. Food prices rose 10.1% year-on-year.

On Thursday, U.S. Treasury Secretary Yellen acknowledged that U.S. food and energy prices are at risk of rising further. "supply and demand are the main drivers of inflation. "