U.S. Producer Prices Post Biggest Annual Increase in More than 10-1/2 Years

Reuters, July 14, 2021–Lucia Mutikani
U.S. producer prices accelerated in June, leading to the largest annual increase in more than 10-1/2 years, suggesting inflation could remain high as robust demand fueled by the economy’s recovery from the COVID-19 pandemic strains the supply chain.