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Wholesale Horror: Producer Price Index Spells Disaster for Economic Outlook as Trump’s War in Iran Drags On
Trump’s war in Iran is now bleeding through the wholesale pipeline. April’s Producer Price Index (PPI) report shows wholesale prices rose 6% over the past year, the largest annual increase since December 2022, with core wholesale inflation at 4.4%. Despite the grim report, Trump said this week that ...
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axios.com
Inflation hits three-year high in April as Iran war impacts consumer prices
The CPI report shows inflationary pressures tied to the Iran war are seeping into consumer prices.
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commondreams.org
'Costs Are Out of Control': Trump's Iran War Pushes US Inflation to Highest Level in Three Years | Common Dreams
New data shows US inflation at highest level since 2023 due to Trump's Iran War. Energy and food costs surge, posing challenges for American families.
