The Producer Price Index, hit 11.3% in June compared to the same period a year ago, according to data released by the Bureau of Labor Statistics, and pictured, an employee in Sacramento, California, on Sept. 28, 2021.
Mandatory Credit:	David Paul Morris/Bloomberg/Getty Images

The Producer Price Index, hit 11.3% in June compared to the same period a year ago, according to data released by the Bureau of Labor Statistics, and pictured, an employee in Sacramento, California, on Sept. 28, 2021.
Mandatory Credit: David Paul Morris/Bloomberg/Getty Images

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This key inflation measure shows prices are still rising

A leading inflation indicator surged in June, showing that prices continue to remain stubbornly high.