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: Instapundit.comINFLATION: Companies Raise Prices as Commodity Costs Jump. ?Copper recently hit its highest level ?
By Glenn Reynolds
INFLATION: Companies Raise Prices as Commodity Costs Jump. “Copper recently hit its highest level in about 40 years, and iron ore, used for steel, is fetching extremely high prices. Prices for corn, sugar, wheat, beef, pork and coffee are soaring. Labor overseas is becoming more expensive, meanwhile, and so are the utility bills to keep a factory running.”
Full post as published by Instapundit.com on February 15, 2011 (boomark / email).
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