Commodity Price Inflation - What's Next?

I tend to think of inflation and the inflation problems that we're having right now, you know, in three buckets. Commodity prices went from, you kno oil prices, for example, and from 60 dollars a barrel a year ago to an over hundred dollars a barrel to day. We've just seen a huge amount of goods price inflation, not service price inflation because demand for goods was so high during the pandemic. Demand for goods is declining. Aht, the sticky point there is that we are still seeing manufacturing centres and supply chain bottle necks because of covid related issues.