According to The Kobeissi Letter, the US manufacturing input price index rose to approximately 65 points in March, marking the highest level in 31 months. Historical data suggests that when the index was at similar levels, the Consumer Price Index (CPI) inflation reached 8.5%, one of the highest since the 1980s. This trend is crucial for traders as it may indicate a potential rise in inflation, affecting interest rates and market conditions.

According to The Kobeissi Letter, the US manufacturing input price index surged to approximately 65 points in March, marking the highest level in 31 months. Historically, a similar index level correlated with a Consumer Price Index (CPI) inflation rate of 8.5%, the third-highest since the 1980s, indicating potential inflationary pressure. This data could influence trading strategies focused on inflation-sensitive assets.