US Consumer Prices Surge in June, Inflation Climbs to 13-year High

US Consumer Prices Surge in June, Inflation Climbs to 13-year High
People wearing protective masks shop at Macy's Herald Square following the outbreak of the coronavirus disease (COVID-19) in the Manhattan borough of New York City on Dec. 26, 2020. Jeenah Moon/Reuters
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WASHINGTON—U.S. consumer prices rose by the most in 13 years in June amid supply constraints and a continued rebound in the costs of travel-related services from pandemic-depressed levels as the economic recovery gathered momentum.

The consumer price index increased 0.9 percent last month, the largest gain since June 2008, after advancing 0.6 percent in May, the Labor Department said on Tuesday.