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Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022
Youtube· 2026-05-13 20:58
Rick Santelli standing by at the CME. The numbers, Rick. >> Yeah, and the 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 allimportant food and energy, we're also at a triple header here. We're expecting up 3/10. We end up with up 1%.Up 1% would be the warmest since wow. Also March of 22 ...