Inflation Busters: 3 Hidden Stock Gems That Thrive in a High-Cost World
When investors stopped thinking about stocks to buy for high inflation, the U.K.’s Office of National Statistics (ONS) delivered a jolt to the system. On January 17, the ONS reported that the Consumer Prices Index (CPI) rose by 0.4% in December. This pushed the annual inflation rate to 4.0% from 3.9% in November. Increasing prices for alcohol and tobacco were the culprits last month. “The prices of goods leaving factories are little changed over the last few months, while the costs of raw materials remain l ...