Wholesale inflation hits a record 9.7%: Supply chain disruptions 'will continue to pin producer prices near record levels'

• Wholesale inflation hit 9.7% in 2021, according to new data on Thursday
• It comes a day after consumer prices hit 7% inflation, the most since 1982 
• Experts say that 'persistent supply disruptions' are keeping costs high
• Biden's approval ratings have taken a huge hit because of the surge in prices 

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