US inflation will accelerate if recovery stays on track: Kemp By Reuters – Investing.com

US inflation will accelerate if recovery stays on track: Kemp By Reuters – Investing.com

By John Kemp

LONDON (Reuters) - U.S. consumer prices are rising at the fastest rate for several years, as the economy recovers from the coronavirus recession and manufacturing supply chains struggle to keep up with demand.

But the rate of inflation is still being flattered by the relatively modest increase in energy prices, masking the impact of faster increases in food products and other commodities.