U.S. wholesale prices surged on an annual basis in March but came in well below forecasts
Quartz
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The Producer Price Index rose 1.4% in April, the largest monthly gain since March 2022, driven by a jump in energy prices
US wholesale inflation hits 6%
- Iran War Sends Gas Prices Higher, Lifting U.S. Inflation To 3.8% Annually ๐น CNBC — ยท 2min
- BREAKING: April inflation rate surges to 3.8% ๐น NBC News — ยท 5min
- Inflation spikes to 3.8 percent in April, higher than expected The Hill —
- Inflation could hit 4% next month and stay elevated for rest of year, economist warns PBS —
- Energy cost spike from Iran war sends inflation soaring to highest level in nearly 3 years ๐น CBS News — ยท 4min