evidence: "Supply has not kept up with this rise in demand, and prices of goods have surged," Moody’s Investor Services said in a report. "Supply disruptions, especially for semiconductors, have also contributed to shortages of high-ticket items such as new and used cars, and pushed up prices." [...] Consumer expectations of continued inflation have also driven up demand as shoppers feel pressure to go and buy and "lock in" prices before they rise again, creating a self-fulfilling inflation prophecy. [...] Companies have been including inflation guidance in their forward-looking statements for months now. Domino’s Pizza CEO Ritch Allison told a virtual conference Tuesday the chain expected their food costs to raise 8 to 10 percent during 2022. In October, consumer goods giant Procter & Gamble announced across-the-board price increases on everything from diapers to oral care products.