
Wholesale Inflation Jumps, Igniting New Inflation Fears
New reports indicate that US wholesale inflation, as measured by the Producer Price Index (PPI), jumped higher than expected. This surge has reignited concerns about rising inflation and led to an increase in bond yields.
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (51/100)Sources
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.
Read full article →