Inflationary Trends Report - June 2022
As inflation remains at its highest level in decades – Aon’s Inflationary Trends Report reveals key monthly insights driving inflation and explores how this impacts insurers’ pricing, claims management and reinsurance needs and the options to navigate this fluctuating landscape.
Key Findings
- Broad inflation in the US unexpectedly accelerated in May to 8.6%, mainly driven by energy and housing costs
- In contrast to broader inflation, prices for building materials and vehicles continued their deceleration
- The Federal Reserve continued its aggressive fight against inflation with a 75 basis point interest rate hike in June with more expected throughout 2022