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April 15, 2026

Wholesale prices surged 4% in March

WASHINGTON (AP) — U.S. wholesale prices surged last month as the Iran war drove up the cost of energy.

The Labor Department reported Tuesday that its producer price index — which measures inflation before it hits consumers — rose 0.5% from February and 4% from March 2025. The year-over-year gains was the biggest in more than three years. Energy prices surged 8.5% from February.


 
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