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U S stocks end mixed after Senate passes infrastructure bill

Consumer prices rise 5 4 percent from last July

China s monthly road logistics price index rises

China inflation: surging factory prices seen nearing peak with no lasting strong demand for commodities

Inflation risks have mounted in recent months, sparking worries in the US and Europe that further rises in commodity prices could slow the global economic recovery.

World food price index surges in May to highest level since 2011 -FAO

World food prices rose in May at their fastest monthly rate in more than a decade, posting a 12th consecutive monthly increase to hit their highest level since September 2011, the United Nations food agency said on Thursday. FAO also issued its first forecast for world cereal production in 2021, predicting output of nearly 2.821 billion tonnes a new record and 1.9% up on 2020 levels. The Food and Agriculture Organization's food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 127.1 points last month versus a revised 121.3 in April.

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