As factories around the world revive at different speeds, a mismatch between the goods that are being produced and those that customers want to buy is helping drive prices higher. Longer-term trends, such as increased protectionism, rising Chinese wages and the adjustment to a low-carbon economy, will put upward pressure on prices in the years ahead, according to research by the BlackRock Investment Institute…

Over the past year, global oil prices are up more than 55 percent. Nickel, used in automotive and aerospace plants, is up 27 percent. And coffee has almost doubled in price.

Those bills are hitting customers everywhere, including in the United States. Over the past year, prices of imports — especially food, fuel and industrial parts — have risen by more than 10 percent, according to the Bureau of Labor Statistics. That was the largest one-year increase since 2007.

In response, major U.S. companies are hiking retail prices. Procter & Gamble, maker of Tide laundry detergent and Bounty paper towels, told investors last week that higher commodity costs represented a $2.3 billion annual head wind while freight costs were up $300 million. The company said it had raised prices in all 10 of its product categories, boosting profits.