Inflation surges again in June, PCE shows, as shortages plague the U.S. economy
July 30, 2021 at 08:42 AM EDT
Inflation in the U.S. rose sharply again in June and the increase over the past year remained at a 13-year high, raising the cost of living for consumers and casting a shadow over a strong economic recovery. The PCE price index rose a sharp 0.5%.
