U.S. wholesale prices rise at fastest pace since 2009, PPI shows, as inflation pressures keep building
May 13, 2021 at 08:41 AM EDT
U.S. wholesale prices increased sharply again in April and signaled that more inflation is bubbling up in the U.S. economy, just a day after another government report showed the cost of living rose at the fastest pace in 13 years. The producer price index jumped 0.6% last month.
