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Economy

Severe Supply Bottlenecks Add to Inflation Pressures

A worker helps a customer pump gas, with long lines stretching behind them, in Charlotte, N.C., on May 11, 2021. (Chris Carlson/AP Photo)

BY EMEL AKAN

The Epoch Times

WASHINGTON—Worldwide supply shortages have led to price increases for raw materials in recent months, boosting production costs for many businesses. Due to the “depth and breadth of supply chain disruptions,” economists expect consumer prices to continue to rise for some time.

Click the link below to read the rest of this story (premium content).

https://www.theepochtimes.com/severe-supply-bottlenecks-add-to-inflation-pressures_3827436.html

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