Higher gas prices sent wholesale inflation soaring last month, likely signaling more pain ahead for consumers

Science

Higher Gas Prices Sent Wholesale Inflation Soaring Last Month, Likely Signaling More Pain Ahead For Consumers

By CNN

The war with Iran is squeezing US businesses at a rate not seen in nearly four years, and it’s likely to cause them to raise prices for consumers even more. The Producer Price Index, a measure of wholesale inflation, increased in April to 6% on an an ...Read more