The rise in the Producer Price Index follows the release Tuesday of 13-year-high inflation figures for consumer prices.
... [+]
vehicles sits in a near-empty lot at a Jeep dealership in Littleton, Colo. A microchip shortage for vehicles created by factories closed by the coronavirus has combined with pent-up demand, also fostered by the virus, to leave dealers' lots devoid of new stock during a typically strong time of the year for sales. Wholesale prices—what manufacturers and distributors charge retailers for goods and services, including construction—were up 7.3% over the 12 months to June, according to theU.S.
A fifth of the monthly increase in prices for services was largely the result of car dealers charging higher prices due to inventory shortages of vehicles, which is in turn due to shortages of computer chips for cars, said Scott Sager, supervisory economist at BLS.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Manufacturers’ Prices Grew Fastest In More Than A Decade In JuneThe rise in the Producer Price Index follows the release Tuesday of 13-year-high inflation figures for consumer prices.
Leer más »
A 29-year old crypto billionaire has Goldman, CME Group in his crosshairs as his exchange aims to surpass CoinbaseSam Bankman-Fried, which owns one of the fastest-growing digital-exchange platforms in the world, says he wants to overtake Binance and Coinbase Global, the...
Leer más »
The future of cannabis is female: Gen Z women are fastest-growing consumers of legal weedThe new trend for marijuana products is clear labels, lab-tested ingredients, standardized dosing and modern branding that takes its design cues from traditional consumer brands.
Leer más »
Streaming, Cable Grow Audience Share in June as Broadcast ShrinksStreaming platforms and cable networks increased their share of TV viewers’ time in June, while broadcast networks shrunk some. Netflix remains the top streamer, taking up 7 percent of all TV…
Leer más »
Escalating Materials Prices Turn Construction Bids Into a GambleContractors and manufacturers are struggling to bid on jobs as prices of materials such as pipes, boards and steel keep rising
Leer más »
3 charts show how absurdly expensive it is to buy a car right nowA new or used car will run you thousands more than it did before the pandemic. Here's how - and why - prices have skyrocketed so much.
Leer más »