Producer Prices Also Spiked In June, Including For Food And Metals; The Food Comparisons Are Record-Breaking

Producer prices continued to spike across the board in June, with the month-over-month index for final-demand goods up 1.2% after exceeding 1.5% four out of the five earlier months this year, according to Producer Price Index data from the Bureau of Labor Statistics. Including final-demand services, which rose 0.8% in June, final demand prices are…