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America's inflation problem is getting worse, not better, as 2026 progresses. New wholesale price data — on the heels of Tuesday's consumer price report — confirm it.
Why it matters: The evidence of continued price pressures stretches far beyond the energy price spike that occurred following the Iran war, and suggests ongoing pressures across a range of goods and services.
By the numbers: The Producer Price Index for final demand rose 1.4% in April alone, and is up 6% over the last 12 months.
