
▲ 67 r/centrist
Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022
Neutral summary: the producer price index (PPI) rose 1.4% in April, significantly higher than the Dow consensus 0.5% forecast. Energy was the leading cause, but there is also evidence that more than just gas is at play here.
u/R2_SWE2 — 8 hours ago