U.S. producer prices accelerate amid broadening inflation pressures

Container trucks , ships and cranes are shown at the Port of Long Beach as supply chain problem continue from Long Beach, California, U.S. November 22, 2021. REUTERS/Mike Blake/File Photo/File Photo

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  • Producer prices increase 1.0% in January
  • PPI rises 9.7% on year-on-year basis
  • Core PPI advances 0.9%; up 6.9% year-on-year

WASHINGTON, Feb…

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News Source: https://www.reuters.com/business/us-producer-prices-surge-january-2022-02-15/

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