
US Wholesale Inflation Jumps 6%, Highest Surge in Years
US wholesale inflation, as measured by the Producer Price Index (PPI), surged by 6% annually, marking the largest increase in four years. This hotter-than-expected report led to a rise in bond yields.
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US wholesale inflation soars to 6% in biggest surge since 2022
Producer price index rises at fastest rate since wake of Russia’s full-scale invasion of Ukraine
Read full article →Wholesale inflation jumps 6% in April on annual basis, biggest increase in four years
The producer price index was expected to increase 0.5% in April, according to the Dow Jones consensus.
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