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

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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 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... [1299 chars]

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Source: CNN

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