Overview
  • The producer price index rose a seasonally adjusted 1.4% for the month, much higher than the 0.5% Dow Jones consensus forecast and the upwardly revised 0.7% March increase.
  • Energy was at the root of the unexpectedly high gain in producer prices, though there was evidence that the price pain is extending beyond the gas pump.
  • The services index accelerated 1.2%, the biggest gain since March 2022. Two-thirds of the move was attributed to a 2.7% gain in trade services, a sign that tariff costs could be starting to have a larger impact on prices.

Wholesale prices in April posted their highest annual increase in more than three years, signaling more nettlesome inflation as pipeline costs intensify.

Source: https://www.cnbc.com/2026/05/13/ppi-inflation-report-april-2026-.html