Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022

Yeah, and numbers are coming in on the warm side. Our April producer price index for the month of April, headline number almost triple expectations, up a whopping 1.4%. Wow, you have to go back to March of '22 to find a bigger number, and that number was 1.7%.Now, if we strip out the all-important food and energy, we're also at a triple-header here. We were expecting up 3/10, we end up with up 1%. Up 1% would be the warmest since Wow, also March of '22.Now, if we go to the ex-food, energy, and trade, it's d ...