US consumer prices surge in June by the most since 2008

A sign displays the price for shirts as a shopper peruses the offerings at a Costco warehouse on Thursday, June 17, 2021, in Lone Tree, Colo. American consumers faced a third straight monthly surge in princes in June, the latest sign that a rapid reopening of the economy is fueling a pent-up demand for goods and services that in many cases remain in short supply. (AP Photo/David Zalubowski)