U.S. producer prices increased more than expected in June, suggesting inflation could remain high as robust demand fueled by the economy’s recovery from the COVID-19 pandemic continues to strain the supply chain. The producer price index for final demand increased 1.0% last month after rising 0.8% in May, the Labor Department said on Wednesday. In …
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Author: Capt. John
https://www.hellenicshippingnews.com/u-s-producer-prices-surge-more-than-expected-in-june/