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MONEY & MARKETS • PURCHASING POWER
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Wholesale prices just jumped 1.4% in a single month. Economists were betting on 0.5%. They were off by almost three times. That means everything moving through the pipeline — the diesel hauling your groceries, the steel in your appliances, the chemicals in your medicine — got more expensive at a pace this country hasn’t seen since March 2022. And the part that should make you sit up: producer prices lead consumer prices by about three to six months. What businesses paid in April… you’ll pay this summer.
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Producer prices typically arrive at the checkout aisle within six months — meaning April’s shock is your August grocery bill.
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Source: U.S. Bureau of Labor Statistics, Producer Price Index — Final Demand, April 2026 (released May 13, 2026)
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One number. Every morning.
— Jack Corbin
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