Cars: Price spikes in metals produced in Russia, like palladium and nickel, will filter out into U.S. inflation more slowly. The commodities are used to manufacture automobiles, both electric and gas-powered.

That’ll pile on to the pandemic-era computer chip issues we’re still dealing with, which also slowed down auto production. (Read more about the commodity issues.)

Food: Russia and Ukraine produce a lot of wheat, and prices are surging already.

The U.S. is not a major importer, but a disruption on the other side of the planet isn’t good news at a time when food prices are already rising.