Inflation is officially back—and it’s at its fastest pace since September 2023. According to the latest Consumer Price Index data, consumer prices rose 0.5% from December, resulting in an annual inflation rate of 3% for the 12 months that ended in January. This news came as a relative shock to investors, who had hoped that the worst of inflation was finally over.
If you’ve got a feeling that inflation is here to stay, you’re not alone. These three stocks are primed to protect your portfolio against the long-term effects of high inflation.
