Container ship loads cargo containers under gantry cranes of Port Miami. Credit: Francisco Blanco/Shutterstock.com US Producer Prices Climb 0.6%, Adding to Inflation Concerns
Transportation bottlenecks, materials shortages and increasing labor costs have sent prices soaring across the economy in recent months.
November 09, 2021 at 01:28 PM
3 minute read
Prices paid to U.S. producers accelerated in October, largely due to higher goods costs, fueling concerns about the persistence of inflationary pressures in the economy.
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