Costs are skyrocketing thanks to Trump’s reckless war. Wholesale prices rose in April at the fastest rate in four years.
Wholesale prices in April rose at their fastest rate in four years, the latest sign that the war with Iran is taking a toll on the U.S. economy.
The Producer Price Index, a measure of the costs that businesses pay for goods and services, rose 1.4 percent in April and was up 6 percent from a year earlier, the Bureau of Labor Statistics said Wednesday. It was the fastest one-month increase in the index since March 2022. — The New York Times article, Wholesale Prices Jumped in April, in Latest Sign of War’s Economic Ripples