US EditionWholesale prices rose 0.5% in March, much less than expected despite war impact
Energy prices jumped 8.5% as wholesale inflation topped 4% for the year, the Labor Department said.
- On Tuesday, the Labor Department reported the Producer Price Index rose 0.5% in March, pushing annual wholesale inflation to 4.0% despite economists forecasting a 1.1% increase.
- Surging energy prices, driven by the war with Iran, accounted for most of the monthly advance as the Energy PPI index jumped 8.5%, with gasoline prices rising 15.7%.
- Excluding volatile food and energy, Core Producer prices rose just 0.1% month-over-month, while the index for final demand services remained unchanged during March.
- Rising energy costs complicate the Federal Reserve's interest rate decisions as some policymakers consider rate hikes while President Donald Trump urges lower rates.
- Oil prices have jumped more than 35% since the war began, topping $100 a barrel following reports of a U.S. blockade in the Middle East.
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Wholesale prices, according to data from the Department of Labour, increased by 4% year-on-year, the highest level in the last three years
NewsBusters
Conservative AngleLefty Media Scramble to Spin Away Surprisingly Tame Wholesale Price Inflation Despite Iran War
It's a game to watch Watching the media scurry all over cyberspace to explain away why their TDS-afflicted economic catastrophe forecasts aren’t panning out. Take the surprisingly tame inflation on the month, despite the ongoing Iran War.
U.S. producer inflation rises less than expected in March | Honolulu Star-Advertiser
WASHINGTON >> U.S. producer prices increased less than expected in March, but that did not change economists’ expectations that the Federal Reserve would probably not cut interest rates in the near term amid rising energy costs because of the war with Iran.
US wholesale prices surged 4% last month after the war in Iran sent energy prices flying
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 [...]
U.S. wholesale prices surged 4% last month after the war in Iran sent energy prices flying
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…
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