Producer-Prices

Fresh seafood is shown for sale at a grocery store, Wednesday, July 27, in Surfside, Fla. Inflation at the wholesale level jumped 8.7% in August from a year earlier, a slowdown from July yet still a painfully high level that suggests prices will keep spiking for months to come. — AP Photo/Wilfredo Lee

Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk.” Bloomberg Opinion

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