With faltering economic recovery, many industries are scrambling to deal with continued supply shortages, increasing commodity prices, and higher wages triggered by labor shortages. In 2021 the producer price index (PPI) rose 10% in the industrialized world. The PPI measures the postproduction prices of goods and is a barometer of the pressures on manufacturing. The last time there was this level of increase in PPI was in the first half of 2008.