Wholesale inflation rose 6% in April, largest bump since 2022
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May 13 (UPI) -- Final demand wholesale inflation rose by 6% on an annual basis in April, marking the largest increase since 2022, the U.S. Bureau of Labor Statistics reported Wednesday. More than three-quarters of the 2% increase in final demand goods in April was attributed to a 7.8% increase in energy prices . Final demand services moved up 1.2%, pushed along largely by a 2.7% increase in trade services. The producer price index increased by a seasonally adjusted 1.4% in April, double the
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