Producer Price Index Rises Again, Signaling Continued Inflation Trends
May 12th 2022 3:38pm EDT
Wholesale inflation reached 11% in April from a year earlier, indicating that record inflation will continue to impact consumers and businesses in the months ahead. On Thursday, the U.S. Bureau of Labor and Statistics released its monthly producer price index report (PPI), which measures inflation before reaching consumers. The report indicated that wholesale prices had climbed […]
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