(RTTNews) - Producer prices in the U.S. increased by slightly more than expected in the month of August, according to a report released by the Labor Department on Thursday. She added, "While some see high inflation lurking around the corner, we believe there is little scope for prices to heat up meaningfully as the economy continues to only slowly recover from the Covid-19 crisis." On Friday, the Labor Department is scheduled to release a separate report on consumer prices in the month of August.