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US wholesale prices jump 6 percent in April, driven by energy costs and Iran war pressures
International
Published on 13 May 2026
Energy costs linked to the Iran war surged sharply
US wholesale prices rose 6.0% year on year in April, the biggest increase in more than three years. The spike was driven mainly by higher energy costs, with the Iran war playing a key role, and it mirrors recent moves in consumer inflation. The report adds political pressure on President Donald Trump as election plans unfold.
- Wholesale prices climbed 6.0% year on year in April
- It is the fastest yearly increase since 2022
- Energy costs, tied to the Iran war, led the rise
- Inflation pressure complicates Trump’s pre election agenda
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times