Prices charged by producers rose by 1.4% in April from the month before, blowing past March’s 0.7% increase, according to the Labor Department’s producer-price index.
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Wholesale Inflation Shot Higher in April
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Japan’s Exports Accelerate But Middle East Risks Cloud Outlook
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Inflation is overtaking Americans’ pay gains, largely because of the cost of filling up at the gas station
Americans’ hourly wages are up. The problem? Inflation is up even more. Source link