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Why lumber costs fluctuated drastically during the pandemic, and how it affects inflation

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Home prices and rents have gone up this year. That’s in part because of the increase in the cost of lumber. Could the wild swings in the price of wood over the past two years be a sign of inflation continuing to go up? Economics correspondent Paul Solman explores.

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Category
U.S. & Canada
Tags
lumber costs, inflation, supply chain
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