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Inflation Nation: Producer Prices Soar By Most on Record

Alex Wong/Getty Images

JOHN CARNEY

Breitbart

Prices received by businesses for goods and services jumped 6.2 percent compared with a year ago, the largest increase since 12-month data started being calculated by the Department of Labor in 2010.

The Department of Labor said its Producer Price Index increased a seasonally adjusted 0.6 percent compared with March. The index rose 1.0 percent in March, 0.5 percent in February, and 1.3 percent in January.

Click the link below to read the rest of this story.

https://www.breitbart.com/economy/2021/05/13/inflation-nation-producer-prices-soar-by-most-on-record/

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