Inflation has surged this year due to the Strait of Hormuz closure, which has disrupted global trade. The Consumer Price Index (CPI) rose 4.2% over the last 12 months through May. That's up from a 2.4% annualized rate in January and its highest level in three years. A 23.5% boost in energy costs fueled the resurgence.
While inflation is bad for consumers, it can be a boon for some real estate investment trusts (REITs). Here are three built to thrive during inflationary markets.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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