We are seeing shortages in several areas of our economy. Frist chips for the auto industry are in short supply causing carmakers to park incomplete vehicles. There was a fire in a chip factory in Tokyo that primarily made chips for autos and it will not be back in full production for another month or two. That is a problem that should work itself out by year-end. However, there are shortages of lumber for the building industry that might take longer. Lumber mills ceased production last year as Covid spread worldwide expecting a housing slump. That did not happen, and they are trying to catch up in a surging demand environment.
Prices of everything are going to rise.